Energy storage activity grew during January to June this year for Wärtsilä, accounting for almost two-thirds of new-build order intake, the company’s VP for Energy Storage and Optimisation has said.
Almost 70% of home solar PV in Germany comes with battery energy storage attached and the country’s residential storage market represented around 2.3GWh of installed capacity by the end of 2020.
UK electricity system operator National Grid ESO is reviewing its previously-announced timescale for the introduction of two dynamic frequency response services and phase out of the existing market regime.
ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
The market for grid-connected energy storage will defy the “headwinds” caused by the coronavirus pandemic on industries across the world, analysis firm IHS Markit has predicted.
What will the impact of COVID-19 be on the energy storage market? And how best to learn to adapt to whatever the ‘next normal’ will be? Florian Mayr at cleantech advisory and consultancy group Apricum examines the bigger picture of “energy storage vs the virus”.
“We are happy about the Italian government’s decision that allows us to fully resume business operations in Italy,” Manz AG CEO Martin Drasch has said, following a ruling that deems lithium-ion battery production to be of ‘strategic importance’ for the European country.
The COVID-19 crisis is bringing into the public eye the US’ dependency on importing goods, particularly batteries for advanced energy storage and electric vehicles, the CEO of a battery materials startup has said.
UK stock exchange-listed dedicated energy storage fund has suspended all construction on assets currently in the works as it also announces the completion of the 10MW Lower Road project in southern England.
SimpliPhi Power closed down its manufacturing operations briefly due to the COVID-19 pandemic last week before reopening this week, having made adjustments to try and ensure the safety of workers.
