The dramatic fall in cost, occuring alongside the mass roll-out of home storage systems in Germany since 2013, has highlighted the potential of decentralised batteries in virtual power plants to utility companies and grid operators.

As battery owners and operators seek to maximise the returns from their assets, they simultaneously face the Herculean challenge of managing degradation.

Form Energy has closed a US$40 million Series B funding round led by Eni.

GlidePath Power Solutions has acquired eight wind projects in North Texas serving the Southwest Power Pool.

Make no mistake – headlines in the mainstream press this week around Australia, climate change and energy are not positive. But enthusiasm at state level, where arguably politicians have closer relationships with their constituents, appears to run counter to apathy or even obstructionism from the top.

European energy company Vattenfall is combining a 22MW wind power plant with 38MW of solar PV at a hybrid project in the Netherlands, integrating the capacity with 12MWh of batteries from carmaker BMW.

Battery storage assets were called into action last week after the UK suffered country-wide power outages following a transmission system stress event.

Of the four projects, all in California, one has already closed financing.

Georgia Power is set to boost its state’s battery energy storage sector, with the company’s plan to own and operate 80MW of battery energy storage unanimously approved by the Georgia Public Service Commission (PSC).

Australia may be one of the leading major economies in terms of renewable deployments, but it’s woefully underprepared at a network level to actually make the transition…