Germany’s second ‘Innovation Tender’ for clean energy projects combining different technologies has awarded 258MW of capacity to solar-plus-storage across 18 bids.
Talen Energy Corporation, a US power and infrastructure development group with 13GW of mostly fossil fuel assets in its portfolio to date has said that it is developing a gigawatt of battery storage projects.
The Australian Energy Market Commission has drafted a new rule to enable the provision of fast frequency response services to help keep the electricity grid stable which one expert said will be “a really important market for batteries”.
The first battery energy storage system deployed to help stabilise the electricity grid in Turkey could help show the country’s energy sector that more rapid uptake of renewable energy can be feasible and cost-effective.
Australian energy retailer EnergyAustralia has said that it will build a 350MW, four-hour standalone battery energy storage system (BESS) project to enable one of its coal-fired power plants to be retired “after decades of faithful service”.
Despite the fall in unit prices for energy storage, a total of US$3.6 billion of investment was committed to energy storage projects in 2020, around the same amount as in 2019.
The US energy storage industry remained “remarkably resilient” during what most of us have found to be a difficult year – to say the least. Andy Colthorpe speaks with Key Capture Energy’s CEO Jeff Bishop and FlexGen’s COO Alan Grosse – two companies that made 2020 one of growth in their energy storage businesses – to hear what lessons can be learned and why economics rule.
The sovereign wealth fund of Qatar has agreed to invest in energy storage solutions provider Fluence in a transaction that values the technology company at more than a billion dollars.
A new strategic plan putting the New York Power Authority (NYPA) on the path to 100% carbon-free electricity by 2035 – five years earlier than the target set out in the US state’s policy goals – has been approved by the state public power organisation’s Board of Trustees.
Energy storage’s potential and value needs to be allowed to shine for Canada to achieve its goal of net-zero emissions by 2050 – and to avoid being left behind in the international race to modernise global energy systems.
