Ørsted understood to have invested low double-digit million dollar figure to purchase HelioSage, subsidiary of Panasonic-owned Coronal.

Ørsted, formerly DONG Energy, has confirmed its entry into the UK battery storage market with a new 20MW project near Liverpool.

The CEO of Orsted, the world’s largest offshore wind developer, has said that his company is working to establish “a scalable commercial model” for solar PV and energy storage, viewing both as potential drivers of long-term growth.

Swiss engineering and automation company ABB will be supplying Dong Energy’s 90MW Burbo Bank wind farm in the UK with battery energy storage.

Dutch grid-scale electrical equipment and integration company, Alfen, has delivered a 3MW wind power-integrating energy storage system using BMW car batteries, in the central Netherlands.