Investors are queuing “all the way down the street” but many require the first projects to be built before committing, Gridserve’s chief investment officer Mark Henderson has said.
The success of efforts to decarbonise economies in the UK and elsewhere could hinge largely on how governments and business communities – particularly large commercial lenders – engage with the sector in 2020, a UK-based financier of solar and storage has said.
Vehicle-to-grid (V2G) technology has gone into use at Johan Cruyff Arena in Amsterdam, with energy infrastructure installed onsite including a 3MW battery energy storage system allowing visitors to both charge their cars at the stadium and put power back into it.
Northvolt, the start-up aiming to manufacture lithium-ion batteries on a massive scale in Europe sustainably, has signed a contract to deliver its own first commercial energy storage system (ESS) project and revealed news on a second planned ‘gigafactory’ in Germany.
Developer NRStor and technology provider Hydrostor have completed work on a multi-megawatt, commercial, advanced compressed air energy storage (A-CAES) system in Canada.
A Singapore-headquartered start-up which recently completed microgrid projects including solar and battery energy storage, for luxury resorts in South East Asia, says it wants to take the tech and its concepts into a number of other sectors.
As US states work to address and enable the swift growth of distributed energy resources (DERs), including solar and energy storage, the issues surrounding their interconnection to the electric grid require close attention, Sara Baldwin, VP for regulatory affairs at the Interstate Renewable Energy Council (IREC), explains.
