A multi-gigawatt co-location market looks set to take off within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
Clean Power Alliance, one of California’s community choice aggregator (CCA) groups has signed a 15-year power purchase agreement (PPA) with developer 8minute Solar Energy for the output of a massive solar-plus-storage plant.
Combining energy storage with generation helps to unlock the core value of batteries and other storage, the US Energy Storage Association (ESA) has said, while data is now available on the status of installed and proposed utility-scale hybrid power plant projects throughout the country.
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.