UK aggregator Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.
Germany-headquartered battery manufacturer Varta will receive €300 million (US$338 million) of government funding to develop large format lithium-ion cells, which has been deemed a project of potentially strategic interest for Europe.
More than 500 residential energy storage batteries will be aggregated into a virtual power plant (VPP) by US utility Portland General Electric (PGE), with some participating households offered US$5,000 rebates on battery system purchases as well as money off their monthly electricity bills.
FlexGen, an energy storage system integrator that counts GE and Caterpillar among its backers, said this week that a lithium-ion battery storage system it was supplied was used by an Indiana utility to black start a 77MW natural gas plant.
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
Arizona utility Tucson Electric Power (TEP) has set out plans to provide 70% of its power from solar and wind by 2035, backed up with investment in new energy storage capacity.
French utility EDF is launching a major solar-plus-battery storage hybrid initiative in England and Wales as part of plans to double its installed renewable base.
Siemens Energy has formed a partnership aimed at sustainably decarbonising the industrial sector with Norway-headquartered thermal energy storage company EnergyNest.
Fluence has announced that it has been contracted to deliver a large tranche of projects in Southeast Asia, but has agreed with its customer not to reveal yet which country they will be located in.
