Power electronics giant Hitachi has acquired ABB’s power grids business in an US$11 billion (£8.7 billion) deal which cements its position in the energy solutions sector.
New York’s energy storage deployment target of 1.5GW by 2025, roundly welcomed by the industry when introduced at the beginning of 2018, has been ‘doubled’ to 3GW – by 2030.
UK water utility Northumbrian Water is to pilot the use of battery storage units at a number of its sites under a new revenue-sharing partnership with developer Argonaut Power.
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.
