London Stock Exchange-listed investor Gresham House Energy Storage Fund has raised £120 million (US$159.86 million) to finance six new energy storage projects.
A new three-year project allowing residential solar and batteries to trade electricity and grid services in Victoria, Australia, is aimed at creating a replicable model marketplace that could be widely expanded across the country.
Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.
Long-duration energy storage startup Form Energy has confirmed details of its recently reported Series C investment round, with Bill Gates’ Breakthrough Energy Ventures among continuing investors.
A new market for providing ancillary services to the UK’s grid has been highlighted as more valuable in its first seven weeks of operation than any other frequency response service run by the network operator, National Grid ESO.
In an exclusive first interview for international press since the elections, Energy-Storage.news speaks with CEO Kelly Speakes-Backman about the Energy Storage Association’s hopes, ambitions and policy asks as 2021 begins to come into view.
The Australian government-backed Clean Energy Finance Corporation (CEFC) has committed AU$125 million (US$92.12 million) to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
Utility NV Energy has had plans for three large-scale solar-plus-storage projects approved by regulator the Public Utilities Commission of Nevada (PUCN) which the company said will enable it to achieve a PUC-set energy storage deployment target.
