Market Analysis

March 17, 2017
AGL has commissioned the first phase of what it claims is the world’s largest virtual power plant (VPP).
March 17, 2017
Utility San Diego Gas and Electric (SDG&E) and Sumitomo Electric (SEI) have launched a 2MW/8MWh pilot vanadium redox flow battery storage project in California to study how the technology can reliably integrate renewable energy and improve flexibility in grid management.
March 15, 2017
The government of Victoria in Australia plans to invest AU$20 million (US$15.2 million) in large-scale energy storage initiatives across the state to reach 100MW by the end of 2018.
March 15, 2017
A multi-million pound EU funded project is set to provide the Isles of Scilly with a new smart energy system, using new software platforms to manage supply and demand through renewables, energy storage and electric vehicles.
March 15, 2017
While Germany is one of the world’s leaders in solar PV and now an early leader in residential energy storage, utility-scale energy storage is still “under discussion” and not yet a mature proposition, industry figures have said.
March 14, 2017
In a major energy strategy upheaval, the South Australian government is providing significant funding to support energy storage projects, starting with a 100MW grid-connected battery that will be the largest in the country.
March 10, 2017
Swedish start-up Northvolt, which is run by two former Tesla Motors executives, plans to build a huge lithium-ion battery factory in the Nordic region, giving Tesla and Panasonic’s Nevada Gigafactory a close rival within Europe in terms of size.
March 9, 2017
US battery and energy storage system manufacturer Aquion Energy has declared bankruptcy under Chapter 11 and offloaded 80% of its employees, according to a company release.
March 8, 2017
The largest battery ever developed within the Nordic countries has been commissioned at Fortum’s Järvenpää power plant in Finland.
March 7, 2017
Led by a record-breaking final quarter, energy storage reached 336MWh in 2016, growing 100% in megawatt-hours from 2015’s installed capacity, despite staying roughly flat in megawatts with 221MW deployed last year.

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