Macquarie Capital Korea, a subsidiary of investment firm Macquarie Group, has signed a memorandum of understanding (MoU) with the county office of Goesan in South Korea to finance a significant solar-plus-storage project, while it has also invested in what is said to be the largest energy storage project base in the country.

Power outages pose great risks for corporate bottom lines and many have already suffered the economic brunt of unforeseen weather and grid events in 2018. Battery energy storage can be a versatile actor in networks, bringing resiliency as well as energy efficiency and economic benefits, writes Lisa Laughner, CEO of Go Electric.

Convergent Energy & Power, a US-Canadian developer backed with investment from Statoil, has just connected up Ontario’s largest single-site behind-the-meter energy storage system to date.

A planned commercial and industrial (C&I) energy storage project in England could increase onsite solar consumption to the point that no power will be drawn from the grid on some days of the year.

Investment into the Ontario market for commercial energy storage has received another big boost, with US energy storage provider Stem Inc announcing today a significant cash injection from the Ontario Teachers’ Pension Plan group.

Currently attracting developers and investment alike, the opportunity to reduce energy costs for businesses in Ontario has led to an agreement for another 42MWh of energy storage from project developer NRStor and solutions provider IHI Inc.

Enel X, the innovation and digitalisation arm of European utility Enel, is following up an initial 1MWh commercial and industrial (C&I) energy storage project in Ontario, Canada, with a significantly scaled-up second project.

In the second part of our interview with Valts Grintals, analyst at Delta-ee we discuss why behind-the-meter energy storage, including commercial and industrial (C&I) and residential installations, contributed so much to the market’s recent success.

Commercial and industrial (C&I) energy storage in Europe, described by one analyst as “beginning to take off”, is the “most exciting” segment of the market at the moment, according to BYD’s global service partner.

UK demand response aggregator Kiwi Power has completed its latest behind-the-meter battery installation at a manufacturing site in Plymouth as the company continues to target the commercial and industrial (C&I) sector with similar projects.