Energy storage can be an extensive value enabler for existing customers of UPS systems, while attracting new commercial and industrial (C&I) users into the space, a spokesman for Vertiv has said.
Indian power minister R.K. Singh has chaired a meeting with battery-based energy storage manufacturers calling on them to set up manufacturing units in India.
The launch of an energy storage ‘as-a-service’ model by lithium battery pioneer Younicos is a “truly mobile offer” the company has said, based around renting assets to clients over two- to four-year contracts.
The energy industry is evolving towards more ‘enterprise platform’-based business models, enabling energy storage to play a vital role for businesses and the grid, NEC Energy Solutions (NEC ES) CEO Steve Fludder has said.
Projects being delivered for the University of Hawaii will allow various campus buildings to eliminate 70% to 100% of fossil fuel use as the state races towards its 100% renewables by 2045 target.
ESS Inc, US manufacturer of a novel iron flow battery for stationary energy storage applications, has entered the German market via an agreement with investor, chemical company BASF.
A European consortium is to test the use of long duration storage flow machine technology with a large scale tidal energy project planned for the UK later this year.
Already this year we’ve been able to learn directly about the energy storage market in Europe from the Energy Storage Summit in London at the end of February and Energy Storage Europe in Dusseldorf, which just took place last week. Andy Colthorpe summarises what he’s seen and heard.
Some of the “world’s biggest insurance companies” are investigating the advantages of pairing lithium batteries with ultracapacitors in energy storage systems, which can lower costs and extend battery lifetimes, the CEO of an ultracapacitor maker has said.
