British investment trust, The Renewables Infrastructure Group (TRIG), has become the latest investor to enter the large scale energy storage market after buying a 20MW project from RES for £20 million (US$25.9 million).
Tenders for solar-plus-storage projects on French island territories including Corsica, Guadeloupe and Martinique have resulted in winning bids often 40% lower than the victors of previous reverse auctions.
Pierre-Pascal Urbon, CEO of solar inverter manufacturer SMA, has said that the company is anticipating medium-term “exponential growth” in the energy storage market, reporting a “positive performance” in storage-related sales.
The UK’s Institution of Engineering and Technology (IET) has published its long-awaited Code of Practice for Electrical Energy Storage Systems, filling what has been described as a vacuum of clear guidance for installers and their customers.
Green Charge, a subsidiary company of Engie, announced Tuesday that diagnostic healthcare manufacturer Quidel Corporation has deployed 1.5 MWh of energy storage at its San Diego Manufacturing Facility.
Arizona Public Service (APS) announced Wednesday that rather than rebuild miles of electricity transmission lines, it will install two battery storage systems totalling 8MWh in rural Punkin Center, Arizona — making it one of the first electricity companies in the US to utilise batteries instead of traditional infrastructure.
Nidec ASI will be installing 5MW / 5MWh of battery energy storage at a utility-scale wind farm on the French island territory of Martinique, aimed at stabilising and maximising the flow of energy onto the grid.
Founder and CEO Paul Nahi last night announced his resignation from Enphase, the PV microinverter maker and energy management specialist, which also makes its own AC Battery for energy storage.
The sale of an NEC Corporation business division involved in manufacturing lithium-ion batteries will have no material impact on the group’s activities in energy storage, according to a company spokesman.
