A 200MWh battery energy storage system (BESS) project in Australia has been awarded to New HOrizons Ahead (NHOA), the rebranded energy storage and e-mobility solutions company formerly known as Engie EPS.

Stem Inc and Sunverge, best known for providing battery and solar-plus-storage solutions for businesses and homes respectively, are partnering with companies in the electric vehicle (EV) sector. 

A “once-in-a-generation” commitment to invest in the US’ national infrastructure includes financial support for energy storage supply chains and renewable energy deployment, but not the investment tax credit for standalone energy storage.

New HOrizons Ahead (NHOA), the e-mobility and energy storage company formerly known as Engie EPS, has set itself targets to install 1.7GWh of energy storage by 2025 as part of a new strategic ‘Masterplan’.

The acquisition of a 60.5% stake in ENGIE EPS by Taiwan Cement Corporation (TCC) was finalised and completed earlier this week.

A group of eight transmission system operators (TSOs) across Europe have launched a joint initiative to highlight and develop the role that the grid plays in enabling decarbonisation targets to be met.

US Congress has been urged to unlock US$50 billion of federal spending power to implement upgrades to the country’s electricity sector, including measures to support energy storage.

In the first part of this interview with Swell Energy CEO Suleman Khan we heard about how Swell Energy has been working to ‘productise’ the virtual power plant proposition: making it attractive to utilities and to their end-customers and then wrapping that into a long-term agreement. This time out, we speak to Suleman about some of the finer details of the VPP proposition and where he thinks the market is heading.

Having previously said that the coronavirus pandemic had badly impacted its financial performance during 2020, a rebound is expected this year and next, ENGIE EPS, the energy storage and e-mobility subsidiary of European utility ENGIE has said.