Funding has been raised towards the execution of two battery energy storage projects in Virginia and Texas with a total capacity of 400MW / 1,400MWh, from a partnership of two investment groups and a power project development company.

Hybrid renewables are playing a strategic role in accelerating the decarbonisation of power generation and supporting the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), as well as supporting the UK’s net zero by 2050 ambition and its interim emissions reduction of 78% by 2035. Consultant Peter Lo of ITPEnergised discusses the UK’s emergence into the hybrid energy sector and how it is better for our planet, better in the economics and better for offtake.

Global technology company Honeywell has launched its own battery energy storage system (BESS) Platform, which includes integrated controls, monitoring and forecasting capabilities.

Smart software and artificial intelligence can forecast everything from how much electricity will be generated and when it will be generated, to the right strategies for putting that electricity into different market opportunities. Energy-Storage.news speaks with Matt Penfold, VP of business development for digital at Fluence, about how the company has added 1.5GW to its portfolio of renewables and storage under management in Australia’s National Electricity Market (NEM).

Canadian Solar has been on a “transformational journey to accelerate demand” for its battery energy storage services, CEO Dr Shawn Qu said while discussing what has been a quarter beset with difficulties for the company’s solar manufacturing business.

Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.

News in brief from around the world in energy storage.

This expert panel from the Energy Storage Summit 2021 brought together leading figures in the finance community to discuss the different financing and business models they’ve seen, and how they expect the market to evolve for energy storage in the UK.

Iron electrolyte flow battery company ESS Inc has become the latest energy storage industry player to target public listing of its stock, announcing a merger with a special purpose acquisition company (SPAC).

Foresight Solar Fund, a UK-based investment company with over a gigawatt of solar PV assets in its portfolio, has made its first move into the battery storage space.