Grid-scale energy storage developer Eos Energy Storage has raised proceeds of US$23 million through the initial closing of a private placement transaction and expects to use the money to increase deployment of its battery storage product.
Commercial energy storage designer Green Charge has teamed with Pacific Gas and Electric (PG&E) to deliver grid services from distributed energy storage in San Jose, California.
Germany headquartered “intelligent battery storage” and energy services provider Sonnen has just obtained US$85 million in its fourth financing round, from a range of investors. The company said the funds would be used both home and abroad, with Sonnen operating in markets including Italy, Australia, the US and the UK. Andy Colthorpe spoke with the company’s CEO Christoph Ostermann to learn more.
With over 30 companies exhibiting battery products or espousing the technology to the thousands of visitors in attendance, storage was always going to play a major role at last week’s SEUK | Clean Energy Live exhibition. David Pratt summarises the view from the show floor with regards the UK’s burgeoning storage market.
Renewable Energy Systems (RES) has completed work on its first utility-scale battery-based energy storage system in the UK, at a solar farm owned by British Solar Renewables (BSR).
GCL System Integration Technology, a subsidiary of GCL, will distribute another 1,000 of its energy storage units to an Australian wholesale partner One Stop Warehouse (OSW).
Sunamp is preparing a landmark project with Bristol City Council that will see the company take excess heat from waste treatment facilities by barge to be used in the city’s district heating scheme.
Berlin-based energy storage firm Younicos and German utility WEMAG have started work on expanding the storage capacity of a battery park in Schwerin, Germany, from 5MW to 10MW power output and 5MWh to 14.5MWh capacity.
Tax breaks and greater efforts by industry to engage consumers should be used to grow the storage market in place of government subsidy, according to sonnen’s UK director.
Moixa is aiming to increase the amount of aggregated energy storage capacity through its GridShare platform to take on future national tenders, with the help of a new partnership with PV Kits Direct and a combined solar storage offer.
