Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.
Developer Anesco has continued to rack up utility-scale storage work after agreeing to retrofit 10 of Ancala Partner’s PV arrays in the UK with battery units.
Clearly, renewable energy is now a viable alternative to traditional generation from a cost perspective. However solar and wind’s penetration of the grid is constrained by ageing infrastructure, high grid connection costs and their intermittent, weather-dependent nature. Scott McGregor looks at how long-duration energy storage on an industrial scale can help.
UK flow battery provider redT will deliver a 1.08MWh energy storage project to support the distributed energy system in Cornwall, England, and potentially take part in utility Centrica’s developing ‘virtual energy marketplace’.
Siemens has been contracted by German public utility Stadtwerke Schwäbisch Hall to deliver and install a 1.4MWh battery storage system to be used to market primary control reserves.
French hybrid energy storage solutions provider Electro Power Systems has secured an equity-linked financing deal to the sum of €30 million (US$31.88 million) with the European Investment Bank (EIB).
A consumer protection scheme for domestic renewables has revealed that it received at least one complaint a week during 2016 related to battery storage, half of which concerned mis-selling practices.
Younicos CEO Stephen L. Prince ponders the role of energy storage within the three ‘Ds’ revolutionising energy: digitisation, decentralisation and decarbonisation.
Japanese utility/grid operator Tokyo Electric Power Company (TEPCO) has invested half a million pounds (US$624,000) into UK residential energy storage system provider Moixa.
