Australian power firm Genex has completed a study showing it is technically feasible to connect a pumped hydro storage facility with its 50MW(ac) Kidston Solar Project in North Queensland, Australia.

Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid.

The number of battery storage projects to have won 15-year contracts in the latest Capacity Market auction is a sign of “considerable confidence” in the technology, according to the director of the Electricity Storage Network.

New value propositions which will radically change the way energy is generated and used by end-customers are already accelerating energy storage market growth. Julian Jansen of Delta-ee takes a look at three distinctive types of business model which are taking shape.

SolarPower Europe is calling on the European Commission (EC) to address both solar power and energy storage in its upcoming Energy Union Package. In light of this, the association’s Task Force on solar & storage has created 10 policy priorities that will need to be considered to develop an appropriate framework for those technologies.

US-Canadian energy storage project developer Convergent Energy and Power has secured third-party project financing for 12MW of energy storage projects in Canada that will provide grid services.

GCL System Integration Technology, a subsidiary of GCL, will distribute another 1,000 of its energy storage units to an Australian wholesale partner One Stop Warehouse (OSW).

The European Parliament’s committee for industry, research and energy (ITRE) has approved a new report that proposes amendments around electricity storage in the proposed ‘Winter Package’ legislation, due to be finalised in December.

Gaelectric’s compressed air energy storage project in Northern Ireland gets €8.3 million EU funding to start drilling.

Tesla Motors’ possible acquisition of leading US residential PV installer SolarCity has been sealed with an all-stock transaction valued at around US$2.6 billion.