Venture capital (VC) funding in battery storage companies in the third quarter of 2020 was up 78% on the previous quarter, while total corporate funding in the sector for the first nine months of the year rose by 62% compared to the same period in 2019.
Battery storage has been cited among potential options for reducing the emissions and other environmental impacts created by 461MW of gas-fired peaker plants in New York State.
In this episode of the Solar Media Podcast, Liam Stoker and Andy Colthorpe take a deep dive into what Elon & Co. presented at Tesla’s Big Battery Day, assess what the recent spate of solar manufacturing expansion announcements mean for the sector, and discuss the current state of energy politics.
Europe’s residential battery energy storage systems (BESS) market is expected to continue its upward trajectory in the coming years after 745MWh of additional capacity was installed in 2019, representing a 57% increase year-on-year.
The government of Canada unveiled CA$10 billion (US$7.53 billion) worth of “new major infrastructure initiatives” last week, with the inclusion of energy storage warmly welcomed by trade group Energy Storage Canada.
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 dynamics of balancing electricity supply and demand on the grid have been deeply affected by the coronavirus pandemic, but it’s certainly not the only reason why the UK’s electricity system operator is introducing a new service called Dynamic Containment. What is it and why is the UK already replacing its firm frequency response (FFR) and other ancillary services?
One of two dedicated energy storage investment funds listed on the London Stock Exchange has seen its Net Asset Value (NAV) per share fall slightly as a result of COVID-19 but remains optimistic for its performance over the year.
