UK storage developer Green Hedge has secured £30 million of investment from infrastructure investor Zouk Capital to help it chase further battery developments.
A supply deal has been signed, for components made by Ideal Power to be integrated into NEXTracker’s solar-plus-storage offerings, including power conversion system and solar PV inverter.
Dr Matthias Vetter, head of department for electrical energy storage at the testing institute Fraunhofer ISE on educating investors, the prospects for 2nd life batteries and the impact of thermal management on project lifetimes.
South Africa’s main utility Eskom said it has identified a need for as much as 2,000MW of energy storage on its networks, and has opened a testing facility to find the technologies most suitable.
Energy storage firms have responded to the outcome of the general election with calls for stability, long term vision and an end to the “regulatory hurdles” that have limited the industry’s growth thus far in the UK.
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.
