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.
The greatest value aggregrators putting batteries and other assets in the UK’s electricity markets offer to their customers today is in providing access to the Balancing Mechanism (BM), through which the electricity system operator National Grid ESO matches supply and demand in real-time.
Update 24 September 2020: A few hours after the publication of this story, Entergy made public a new pledge to reach carbon neutrality by the year 2050. The company said that while it commits to this goal it will remain committed to “grid reliability and affordability for customers”.
It will be in the interests of more or less everybody involved in the “broader lithium-ion battery supply chain” to establish effective recycling ecosystems, according to an analyst with IHS Markit.
