The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
With a view to creating a mass market design for vanadium flow batteries, Australia’s Protean Energy will deploy a 4MWh battery energy storage project in South Korea that will be researched over eight years of operation.
Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.
The fact that lithium-ion batteries experience degradation over time with use should not necessarily be a limiter for their widespread use in stationary storage systems, but requires long-term strategies for their management.
Just over US$28 million has been awarded by the US Department of Energy to projects that could deliver energy storage durations of up to 100 hours, while also committing US$120m to the Joint Center for Energy Storage Research (JCESR).
The first ever wind and solar hybrid project in India, completed in April 2018, is to be retrofitted with energy storage after strong winds this year led to a curtailment of solar production.
Food wholesaler Philip Dennis Foodservice has installed energy storage units totalling over 4MW at one of its UK offices in an effort to generate revenue from grid services, rather than making savings from behind-the-meter activity.
Virtual Power Plant (VPP) operator Next Kraftwerke and electric vehicle (EV) aggregator and smart charging platform provider Jedlix has launched a trial to test if EV batteries can be used to provide automatic frequency reserve.
Andres Cortes and Ben Kaun of the Electric Power Research Institute discuss some of their recent work looking into the issues of the attributes and operations of co-locating energy storage with renewables
US-based energy storage technology provider Powin Energy has claimed it has a pipeline close to 500MWh of projects under contract, including recent awards totalling 70MWh for customers in North and Central America and in Italy.