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.
Fluence has struck a deal that could showcase new digital capabilities since it took over energy storage artificial intelligence and software provider Advanced Microgrid Solutions (AMS) last year.
The US state of Wisconsin’s first large-scale solar farms only went online in late 2020, but electric and gas delivery holding company WEC Energy Group has just proposed plans for a 310MW solar power plant with 110MW of battery storage.
Colocating battery energy storage systems alongside renewables projects will be ‘critical’ to energy networks in the future, and could help level up debt financing.
New York Power Authority (NYPA) said on the release of its strategic plan VISION2030 in December that it wants to lead by example with a commitment to cost-effective clean energy that could see NYPA reach emissions-free electricity by 2035. Energy-Storage.news speaks with chief commercial officer (CCO), Sarah Salati to find out more.
Retail power company Vistra Energy has followed up its recent completion in California of the world’s biggest battery storage facility by proposing a new facility in the state with twice the rated output.
US utility-scale battery energy storage project developer Key Capture Energy has secured US$93.3 million debt financing for a portfolio of six projects in Texas.
