Project financing for six large-scale energy storage systems in Germany has been helped along by due diligence provided by testing, certification and knowledge services group TÜV SÜD.
The Cook Islands in the Pacific will host a 5.6MWh lithium-ion battery energy storage system for the integration of renewables, in a project funded by the Asian Development Bank, European Union and Global Environmental Fund.
With the UK’s Renewables Obligation now closed for large solar projects, energy storage takes the position of the most active sector in the UK energy market. As with any new technology, we have seen a lot of build up over the past few years, with much speculation about when the utility-scale market will take off, and how big it will be. Analyst Lauren Cook takes a deep dive.
At this year’s Intersolar Europe trade show in Munich, South Korean battery manufacturer Samsung SDI is exhibiting a range of high-capacity, high-voltage residential storage modules.
UK distribution network operator Western Power Distribution (WPD) has launched a consultation seeking views on the potential growth of energy storage on its distribution network after receiving an ‘unprecedented’ 8GW of applications in the last 18 months.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most highly remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by the UK’s transmission system operator National Grid.
Energy storage has reached a point of commercial viability in the UK according to the chief executive of redT energy, who said the company had now reached “the right price” for an economic proposition.
A “first of its kind” collaboration between energy storage provider Sonnen and transmission system operator TenneT will integrate solar and batteries into energy networks in Germany using blockchain technology.
