US-headquartered independent solar power developer 8minutenergy Renewables announced Tuesday that it has expanded into the energy storage sector with a 1GW project pipeline.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most highly remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by the UK’s transmission system operator National Grid.
Tesla has announced the first programme to aggregate the capabilities of hundreds of its residential and commercial stationary storage systems in a partnership with Vermont utility Green Mountain Power.
Finnish power equipment firm Wärtsilä has immediately followed up its launch of hybrid and standalone energy storage systems with the acquisition of system integrator and software specialist Greensmith Energy Management Systems (Greensmith).
Power equipment manufacturer Wärtsilä has launched hybrid and standalone energy storage systems, targeting areas where it sees “high market potential”, including remote microgrids and solar PV integration.
Microgrids are about more than novel off-grid systems. They could be the building blocks of the future, flexible, intelligent electricity network. S&C Electric discusses how one early project is helping prove the point.
Australian flow battery manufacturer Redflow has resumed battery deliveries after laboratory test results revealed that a significant number of batteries in stock meet the company’s quality standards, enabling immediate delivery to customers, and scored a AU$800,000 order.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
Multinational energy company Engie Group has contracted NEC Energy Solutions and NEC Chile to provide a 2MW / 2MWh energy storage system to its subsidiary Engie Energia Chile in Latin America.
Energy storage has reached a point of commercial viability in the UK according to the chief executive of redT energy, who said the company had now reached “the right price” for an economic proposition.
