Nancy Pfund is managing partner at DBL Partners, a venture capital firm which specialises in investing in companies and start-ups that offer both rewarding financial returns, and positive social impacts. There have been some serious clean tech companies in DBL’s portfolio, including a pre-IPO investment in Tesla. With this in mind, we spoke to Nancy about how to invest in energy storage wisely and heard her views on the waves of the future. Part 2 to be published tomorrow.
Work begins this month on solar-plus-storage projects in North Carolina that will deploy a total 12MWh energy storage, by developer Cypress Creek Renewables and turnkey solar and storage provider United Renewable Energy.
The UK’s main electricity transmission network operator (TNO) National Grid has published a new consultation on its system needs and product strategy which paves the way for a number of new services tenders to be made available from next year.
Hybrid systems combining the complementary aspects of more than one technology could “change the energy storage landscape”, with 2.1GW predicted for deployment in less than 10 years, according to a report from Navigant Research.
South Africa’s main utility Eskom said it has identified a need for as much as 2,000MW of energy storage on its networks, and has opened a testing facility to find the technologies most suitable.
Austin Energy, a publicly-owned electric utility in Texas, is delivering megawatt-scale storage systems as part of the US Department of Energy’s Sustainable and Holistic Integration of Energy Storage and Solar PV (SHINES) project.
A utility in Southern California has successfully demonstrated the use of a battery energy storage system to provide a ‘black start’, firing up a combined cycle gas turbine from an idle state.
Tesla has announced the first programme to aggregate the capabilities of hundreds of its residential and commercial stationary storage systems in a partnership with Vermont utility Green Mountain Power.