Texas-based Vistra will develop nearly 1GW of solar and storage projects in the next two years as the utility plans to achieve net zero carbon emissions by 2050.
Sonnen founder Christoph Ostermann will be succeeded as CEO by chief operating officer Oliver Koch tomorrow, as the Germany-headquartered energy storage system maker targets its “next growth stage”.
Northvolt has now raised in excess of US$3.5 billion of financing towards its aim of establishing 150GWh of advanced battery manufacturing facilities in Europe by 2030.
A community choice energy provider run by the San Francisco Public Utilities Commission in California has signed contracts for battery storage with EDF Renewables and NextEra Energy totalling 260MWh, to be deployed in combination with solar PV.
Peaxy CEO and President Manuel Terranova joins us to discuss some of the biggest challenges facing the battery industry, and how smart software like Peaxy Lifecycle Intelligence (PLI) for Batteries can solve them.
ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
