Nasdaq Helsinki-listed power company Wärtsilä’s acquisition of software specialist, system integrator and turnkey energy storage system provider Greensmith has been completed.
Northvolt, the Swedish battery start-up founded by former Tesla executives, has closed in on two possible sites for its planned multi-gigawatt production facility.
Nancy Pfund is managing partner at DBL Partners, a venture capital firm which specialises in investing in companies and start-ups that offer both rewarding financial returns, and positive social impacts. There have been some serious clean tech companies in DBL’s portfolio, including a pre-IPO investment in Tesla. With this in mind, we spoke to Nancy about how to invest in energy storage wisely and heard her views on the waves of the future. Part 2 to be published tomorrow.
What is expected to be Europe’s largest community battery is set to be installed at an innovative regeneration scheme in Nottingham, England, with a 2MWh Tesla battery to be deployed in September as part of a housing scheme alongside community solar.
Dutch grid-scale electrical equipment and integration company, Alfen, has delivered a 3MW wind power-integrating energy storage system using BMW car batteries, in the central Netherlands.
As early as next year, demand for energy storage in consumer electronics could be overtaken by markets for electric mobility and stationary energy storage, Lux Research has forecast.
One of Germany’s largest utilities wants to build what it says could be the biggest ‘battery’ in the world to date – using underground caverns filled with saltwater as a giant redox flow energy storage system.
Energy storage is the next obvious addition to solar plants in the UK. Elizabeth Reid of law firm Bird & Bird takes a look at some of the drivers, opportunities – and regulatory obstacles.
