Intended to “kick start concrete projects”, the European Commission is set to allocate a further €200 million (US$235.53 million) towards supporting the scale-up of lithium battery manufacturing on the continent.
Australia’s Clean Energy Finance Corporation (CEFC) will help finance the country’s first “unsubsidised large-scale grid-connected battery”, co-located with a wind farm in South Australia.
Home battery storage company Moixa is to expand its GridShare aggregation platform to include third party units for the first time after securing over a quarter of a million pounds from the UK government.
An Indian state-owned energy services and energy efficiency company is set to invest in 14MWh of grid-scale storage in Canada through a joint venture (JV) with UK company EnergyPro Limited (EP).
The UK government’s Department of Business, Energy and Industrial Strategy (BEIS) has refused to provide any clarity over when a decision on the potential de-rating of energy storage assets within the capacity market (CM) will be made despite a senior policy advisor stating the judgement is “imminent”.
A representative of National Grid, the UK’s transmission system operator (TSO), has said that energy storage will be “integral” to the network’s flexibility strategy – while urging developers not to rely solely on early frequency regulation contracts.
A project demonstrating the integration of energy storage onto grid networks in Hubei, China, will see the first phase of a 10MW / 40MWh project built by Pu Neng, a vanadium flow battery manufacturer.
Oregon-based utility company Portland General Electric intends to spend between US$50 million to100 million on around 39MW of energy storage, company executives have revealed.
Australia has launched new interactive maps of the electricity grid specifically to support decentralised usage of distributed energy resources (DERs) including battery storage, renewable energy and smart demand management.
