The UK has a pipeline of 2.3GW of commercial and industrial (C&I) and utility scale battery-based energy storage projects, with many developers already looking to ‘stack’ revenues through providing multiple services, a new report has found.
The cost of lithium-ion batteries for energy storage declined 65% in five years between 2010 and 2015, while battery storage’s use for electricity could hit 250GW by 2030, from just 1GW today, according to the International Renewable Energy Agency (IRENA).
Ameresco will build a renewable-powered microgrid at a Marine Corp facility in Parris Island, South Carolina.
What is thought to be India’s first grid-scale energy storage array will be developed and delivered by a joint partnership between system provider AES and Mitsubishi Corporation, it was announced.
US-based energy storage project developer and software company Demand Energy has been acquired by Italian utility company Enel.
The latest step in Hawaii’s clean energy evolution will be the deployment of a 20MW, five-hour duration battery energy storage system paired with 28MW of solar in Kaua’i, to match peak demand with generation.
SPONSORED: The integration of smart microgrids with existing power infrastructure and renewable generation offers myriad opportunities, as power systems developer Nidec explains.
Tesla and Panasonic’s Gigafactory in the Nevada desert has now started making high performance cylindrical battery cells of the type used in its stationary storage and forthcoming Model 3.
Microgrids—distributed systems of localised generation, distribution network and load—are being increasingly deployed particularly in rural areas of emerging and under-developed countries to achieve energy access. However, a “fragmented and unorganised” sector still faces significant challenges, writes Harsh Thacker.
Geothermal power and renewable energy developer Ormat Technologies has signalled its intent to join demand response and energy storage markets with the purchase of Viridity Energy.