8minutenergy Renewables, J.P. Morgan Asset Management and an affiliate of Upper Bay Infrastructure Partners have entered into a joint venture that will provide equity capital for 8minutenergy’s 10.7GW portfolio of utility PV and storage projects.
An updated technical guide to co-locating renewables and battery storage has clarified previously conflicting guidance on the matter, removing barriers and potentially unlocking the “tremendous potential” of solar homes.
Ben Hill is widely known in the solar and energy storage industries as the former Trina Solar executive who drove the Chinese company towards a leading position in the European market in the days of the large-scale boom before leaving to become Tesla’s VP for Europe, Africa and the Middle East. UK start-up Solo Energy is among a number of companies he is now working with closely as an advisor.
The UK government is seeking the “most rapid and effective path” towards a potential re-opening of the Capacity Market (CM), but has failed to determine the consequences if a negative decision is forthcoming.
Hornsdale Power Reserve (HPR), the 129MWh battery energy storage system (BESS) deployed by Tesla and developer Neoen in South Australia in just 100 days, has been found to have had a positive impact on the local network.
Kenya’s government has launched a plan for total electrification in the country by 2022, which acknowledges the role that off-grid systems, mini-grids and stand-alone solar plants can have in complementing extensions to the grid and mitigating higher loads.
Finland-headquartered clean energy solutions provider Fortum is to deploy the largest battery so far in the Nordic region, a 6.2MWh system at a hydropower plant in Sweden.
The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC).
