InnoEnergy has launched a platform designed to “bridge the gap” between financial institutions and battery businesses.

A 100MWh battery energy storage system has been integrated with 400MW of wind energy, 200MW of PV and 50MW of concentrated PV (CPV) in a huge demonstration project in China.

The North American subsidiary of international investor-owned energy supplier E.ON has partnered with Greensmith Energy to deliver two grid-scale energy storage systems known as the Texas Waves projects.

The US energy regulator has opened a consultation process on the integration of energy storage into a competitive market structure.

Workable alternatives to utility power involving energy storage are beginning to emerge with new and innovative business models, according to an investment advisor who worked on Younicos’ recent US$50 million “land grab”.