Enabling longer duration storage and non lithium-ion technology, what to do with the storage capabilities of electric vehicles and how the industry is overcoming regulatory hurdles were all key topics discussed at this year’s Energy Storage Summit in London.
Kruger Energy said that along with smart software and technology solutions company Peak Power, it has deployed three commercial and industrial (C&I) energy storage projects into a behind-the-meter virtual power plant (VPP).
Monterey County moves to approve Tesla-made li-ion installation, one of four PG&E wants to develop to offset retirement of gas power in South Bay area of California.
US utility company Dominion Energy has started development of four large-scale battery storage plants totalling 16MW of output in the Commonwealth of Virginia.
The UK energy storage sector is forging ahead after a landmark year in 2019 which saw maturing business models further the asset class’ role in the country’s energy system.
In just the past few days, nearly US$500 million has been committed to downstream activity in the battery energy storage space, with AES Distributed Energy raising US$341 million of debt financing and EsVolta US$140 million of borrowing.
Northvolt, the startup which recently netted a US$1 billion equity raise for its initial lithium battery ‘gigafactory’ in Sweden, has said that its ambitions extend deep into the energy storage solutions space, in addition to its involvement with major carmakers.
