Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid.
News in brief: Sunverge launches AC-coupled systems, whether South Australia’s blackouts could have been a different story with batteries, German government approves model region project for renewables, storage and grids.
A programme by utility Con Edison to reduce stress on the electrical grid at low cost to consumers in two districts of New York will get its first microgrid at a low-income housing complex.
Ireland’s first Tesla Powerpack commercial-scale energy storage system has been installed successfully recently, while England’s first was officially opened with a visit from a government minister yesterday.
Residential energy storage company SONNEN announced Tuesday that Blake Richetta, former North American sales manager for Tesla Energy, will help lead SONNEN’s expansion into the US as vice president of sales.
A corporate venture fund set up by oil and gas company Statoil has invested in North American energy storage developer Convergent Energy + Power.
Centrica, multinational major utility and owner of British Gas, is to launch a £19 million (US$24.2 million) UK pilot project which will assess the development of a virtual energy marketplace with renewables and storage at its heart in the UK.
New value propositions which will radically change the way energy is generated and used by end-customers are already accelerating energy storage market growth. Julian Jansen of Delta-ee takes a look at three distinctive types of business model which are taking shape.
Zinc-air battery-based energy storage system maker Fluidic Energy has received US$20 million in investment for projects in south-east Asia from a private equity fund which includes the Asian Development Bank as a partner.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, Energy-Storage.News’ sister site PV Tech revealed today.