Home batteries in a South Australia delivered significant revenues from their first six months of participation in a virtual power plant to help balance the grid, even with only an initial 1MW – 2MW of aggregated customer systems participating.
Production of commercial energy storage systems has begun at Tesvolt’s new 255MWh annual capacity factory in Wittenberg, Germany, with staff working in isolation due to the risk of COVID-19 infection.
Jan Andersson, market development manager at Wärtsilä, explores the need for large-scale energy storage solutions to aid the proliferation of electric vehicles and their necessary charging infrastructure.
NEC Corporation representatives have said that while the domestic market opportunity for battery energy storage remains fairly small for the Japanese company, it is expected to “increase dramatically” within the next three years at commercial and industrial (C&I) and utility-scale.
“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
Blockchain technology and a digital trading platform enables sonnen’s latest virtual power plant (VPP) project in northeast Germany to store wind energy that would otherwise be curtailed and ‘lost’.
An electric vehicle-to-grid (V2G) charging system, which allows for bi-directional flows of power from US maker Fermata Energy has become the first to receive certification under a new standard introduced by UL.
The impact on supply chains during China’s most intense period of stopping the coronavirus (COVID19) from spreading had been “substantial”, contributing to a “pretty tough time,” for Oregon, USA-headquartered energy storage system maker Powin Energy.
With the complete shift to renewable energy on the grid as the intended outcome, NEXTracker’s CTO Alex Au sat down in conversation with Sunrun’s VP of energy services Audrey Lee about the best ways to do that. Part of Energy-Storage.news’ #SmartSolarStorage2020 series.
