Flow battery manufacturer VIZn Energy has confirmed that nearly all its employees have been “furloughed” amid financial difficulties, but denied that the company has exited the business altogether.
Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.
The energy industry is evolving towards more ‘enterprise platform’-based business models, enabling energy storage to play a vital role for businesses and the grid, NEC Energy Solutions (NEC ES) CEO Steve Fludder has said.
Projects being delivered for the University of Hawaii will allow various campus buildings to eliminate 70% to 100% of fossil fuel use as the state races towards its 100% renewables by 2045 target.
California’s recent droughts and ongoing need to economise water use have inspired more commercial energy storage at a local water board, with ENGIE Storage delivering a project for the San Diego Water Authority.
US utility Florida Light & Power (FPL) has followed up the US’ first DC-coupled grid-scale battery system with the announcement of a solar-plus-storage project pairing 10MW / 40MWh of energy storage with an existing 74.5MW PV plant.
While research published this week demonstrates that the US as a whole is embracing energy storage technology, with regulator FERC’s recent wholesale market ruling likely to have a “significant impact”, the picture varies greatly when looking from state-to-state, an analyst has said.
