The financial services arm of engineering giant Siemens will be offering no-money-down options for commercial and industrial (C&I) customers in the UK to purchase energy storage systems.
BYD has announced a tie-up with the inverter manufacturing division of Kostal, where the former’s latest high voltage energy storage systems will be paired with the latter’s PIKO brand inverters.
Distribution network operator (DNO) UK Power Networks (UKPN) has launched a new fast-track application process for small scale electricity storage just days after Britain’s government solidified its support for the technology with funding allocations and new regulatory proposals.
Swiss battery maker Leclanché could apply for listing on a US stock exchange and is targeting the acquisition of an “energy management storage software company”, despite emerging from a recent period of “technical insolvency”.
The UK government Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are derated within the Capacity Market (CM).
Earlier this week the UK government and energy regulator Ofgem published a strategy for a modernised, smart and flexible power system, the result of an eagerly anticipated response to last year’s Smart Power Call for Evidence. Liam Stoker takes a deep dive to examine the implications for solar and energy storage of this major undertaking.
The amount of energy storage investment that came from VC (venture capital) funding more than doubled in the first half of 2017 compared to last year, a new report has found.
British infrastructure investment company Foresight Group has made its second acquisition of a UK battery storage project, taking on the 10MW Nevendon battery from Gridserve and Aura Power.
The British government Department for Business, Energy and Industrial Strategy (BEIS) and energy regulator Ofgem have today released plans for a major upgrade of the UK’s energy system, while a separate huge funding opportunity for battery innovation has been broadly welcomed by industry.
On the back of rapidly decreasing costs for energy storage and solar photovoltaics (PV), consumers wishing to achieve a low-cost and reliable supply of power are considering grid defection—or at least, partial grid-defection—as an increasingly attractive alternative. Julian Jansen, analyst at IHS looks at the economics of grid defection in Europe today and in the future – and how its proliferation could impact the energy industry as a whole.
