New HOrizons Ahead (NHOA), the e-mobility and energy storage company formerly known as Engie EPS, has set itself targets to install 1.7GWh of energy storage by 2025 as part of a new strategic ‘Masterplan’.
Having previously said that the coronavirus pandemic had badly impacted its financial performance during 2020, a rebound is expected this year and next, ENGIE EPS, the energy storage and e-mobility subsidiary of European utility ENGIE has said.
Funding secured from its main shareholder group will help vertically-integrated energy storage company Leclanché push forward activities in its stationary storage business, CEO Anil Srivastava has said.
What are the roles of battery storage and hydrogen in the clean energy system of the future? Matthias Simolka, a consultant at Germany-based TEAM CONSULT takes a look at the roles each plays today and where we might see the dynamics go from here, with regard to everything from large-scale renewables integration to electric transport.
Moving from today’s gas stations to their electrified equivalent can present a challenge so “dramatic” that in some cases, microgrids may be the only viable solution, a representative of Schneider Electric has said.