Fluence says it has secured the single largest energy storage portfolio transaction for a technology provider announced in the UK to date after being selected by UK Power Reserve (UKPR) to deliver half of its battery storage portfolio.

Arizona utility Salt River Project (SRP) has followed up the recent completion of a 10MW battery storage system at a solar farm by beginning work on its first standalone grid-scale battery energy storage project.

A prolific trio of major companies in natural gas, energy storage and renewable energy project development have united to take on Asia’s energy storage market, with Japan’s JERA, Australia’s Lyon Group and US-headquartered multinational Fluence announcing a partnership this morning.

There is a perception that “batteries cannot be long life assets”, but it depends very much on how they are designed and used, Dr Marek Kubik of Fluence has said, in a video interview with Energy-Storage.News.

Tesla and Fluence are to supply the south-east Australian state of Victoria’s first two large-scale, grid-connected energy storage batteries, one of which will be connected to an existing solar farm.

Northern Ireland’s Queens University Belfast (QUB) has found that battery-based energy storage can provide inertial response for system reliability much more efficiently, at a lower cost and with substantially reduced emissions than thermal generation. Dr Marek Kubic at Fluence, which is working with QUB, explains.

AES Energy Storage and Siemens, which between them have delivered 500MW of energy storage worldwide already, will target 160 different countries and build a 400MWh battery system in California through new joint venture Fluence.

Fluence, a new energy storage company, has been launched jointly by global engineering giant Siemens and energy storage system integrator and developer AES.