A US$70 million funding round has been successfully closed by Highview Power, a UK-headquartered company which has developed a liquid air energy storage (LAES) system called the ‘CRYOBattery’.
Mexico’s economy, international competitiveness and quality of power on the electric grid – as well as its environment – could be given a serious boost if battery energy storage systems were given a greater chance to contribute, a developer of projects based in the country has said.
Renewable energy uptake and the falling costs of battery energy storage are “inexorably linked” as the global economy faces a crucial decade ahead in its urgent need to decarbonise, according to work by McKinsey & Company.
NREMC, a rural utility cooperative in Indiana, has just announced that it is deploying 108MWh of battery storage in a five-year project with energy storage technology and solutions provider FlexGen.
Australian utility AGL has furthered its plans to develop 850MW of large-scale battery storage across a number of sites in the country, announcing a new project in Victoria.
A deal covering co-development of projects in Chile and the wider Latin America region has been signed by Highview Power, provider and integrator of zero emissions liquid air energy storage (LAES) suitable for large-scale, long duration applications.
The US Federal Energy Regulatory Commission (FERC) hosted a technical conference on hybrid resources – pairing storage with generation – examining in order to overcome barriers that exist to the otherwise fastest-growing phenomenon of the grid.
US equipment manufacturer and engineering solutions company Honeywell has signed a contract to supply what is thought to be the Ukraine’s first large-scale battery energy storage system.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
