Energy storage has moved out of an early, marketing and awareness phase, and real business is being done throughout Europe, Energy-Storage.news heard yesterday at the annual ees Europe show Munich, Germany.
The growth potential of energy storage has drawn interest from some of the biggest names in the power business and beyond. With the trend set to continue, Andy Colthorpe explores how three recent acquisition targets are faring under new ownership.
Some of the products and companies we can look forward to seeing showcased this week at ees Europe, as Intersolar Europe’s ‘companion’ show in Munich goes from strength to strength.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power.
A large-scale lead carbon battery energy storage system has gone into operation in Saxony, Germany to help regulate frequency of the grid, the latest of several such projects in the country by consortium Upside Group.
The race to build Europe’s first lithium-ion energy storage system ‘Gigafactory’ could be won by Tesvolt, as the German manufacturer announced a “multimillion-euro investment” in production lines this week.
