Growth in renewables and corresponding market pricing is the key driver for the commercialisation and global adoption for vanadium flow batteries (VFBs) and an important reason why we will see further growth for this technology over the years to come, says Ed Porter of Invinity Energy Systems.
Verdant Microgrid, a developer of distributed generation projects ranging from 1MW to 20MW largely for commercial and industrial (C&I) sector customers, has secured a US$150 million financing agreement to further its activities.
A residential virtual power plant (VPP) programme in Maryland has received regulatory approvals, enabling a partnership between technology provider Sunverge and utility Delmarva Power to get started on the project.
In what seems likely to be the first of many such projects for New York City, an electric vehicle (EV) charging hub is going to be equipped with a 5MW / 15MWh battery energy storage system.
Eagle Mountain is a large-scale pumped hydro energy storage project under development in California. It’s a win-win project, argues Jeff Harvey, a consultant with over 35 years experience in California and senior environmental scientist for developer NextEra Energy Resources.
Global technology company Honeywell has launched its own battery energy storage system (BESS) Platform, which includes integrated controls, monitoring and forecasting capabilities.
Recurrent Energy, the project development subsidiary of vertically-integrated solar PV company Canadian Solar, has claimed that it has 2.3GWh of battery storage projects in “late-stage development”.
Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
Update 23 June 2021: LG Energy Solution has said that it was the supplier of battery storage rack equipment to Vistra Energy’s recently commissioned record-breaking project in Monterey County, California.
