Steps forward have been taken in the development of a grid-scale battery energy storage system (BESS) in the Yukon Territory, northern Canada, which will help stabilise the region’s grid and reduce reliance on fossil fuels.
UK investment management group Downing LLP has announced its first utility-scale battery storage site in the country, a 50MW/53MWh project in Nursling, Southampton on England’s southern coast.
The benefits – and remaining challenges – of the UK’s new frequency response service Dynamic Containment (DC) were discussed at today’s Energy Storage Summit by a panel of experts and industry stakeholders.
A look at this morning’s Energy Storage Summit 2021 keynote discussion, ‘What is the key for really making money from batteries?’ and the panel’s thoughts on the increasingly complex range of revenue pathways.
Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million (US$67.8 million) transaction it says “heralds the transition to a new era” for the company.
Energy-storage.news speaks with Ameresco executive VP and general manager, at its Federal Solutions division, Nicole Bulgarino, who tells us about why this type of project can play such a critical role in proving the case for smart energy solutions that include battery storage.
Pylontech has said it will have 4GWh of battery energy storage system manufacturing facilities in operation within three years, after it raised around US$300 million from listing on the Shanghai Stock Exchange.
Portuguese utility EDP will double down on efforts to grow its energy storage and green hydrogen capabilities through two separate business units focused on the technologies.
Battery storage systems can deliver multiple services and provide customers and sites with backup power, but their value in doing so remains largely dependent on “highly sophisticated” software.
Bigger projects, increased synergy with renewable energy generation, better evolved business models and a forward-thinking market design have contributed to the success of battery storage in the UK, with neighbouring Ireland also showing strong signs of rapid growth.
