Falling cryptocurrency prices have led to a crypto mine developer to propose a battery storage facility in the city of Corpus Christi, Texas.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

Tesla’s Megapack as well as the company’s solar PV will power a Bitcoin mining facility in a proof of concept (POC) project in the US.

Blockchain technology is being touted as the next big step forward in the digitalisation of the energy system. But storage and storage management software are the critical pieces of the puzzle needed to maximise its potential, writes Carsten Reincke-Collon of Younicos.