Energy storage and microgrid software specialist Geli Energy and storage system maker Imergy Power Systems will collaborate on a California Energy Commission-funded microgrid project which could save a college district US$75,000 a year in energy bills.
Two providers of large-scale battery systems for energy storage have announced expansion plans this month, with Vizn Energy opening new headquarters in Texas, and Younicos forming three separate new business units to address “rapid growth” in the market.
In the UK, the National Grid has recently warned the government that its capacity to supply electricity is at a seven-year low due to recent generator closures, fires and outages. The margin of capacity over demand is expected to be just 4% this winter.