Foresight Solar Fund, a UK-based investment company with over a gigawatt of solar PV assets in its portfolio, has made its first move into the battery storage space.
Talen Energy Corporation, a US power and infrastructure development group with 13GW of mostly fossil fuel assets in its portfolio to date has said that it is developing a gigawatt of battery storage projects.
Energy storage system designer and integrator FlexGen has launched a new service that figures out the feasibility of pre-development projects using the company’s DigitalTwin technology.
Hitachi ABB Power Grids has signed a collaboration agreement on battery energy storage for renewable energy projects in the Americas, with Atlas Renewable Energy.
At the Energy Storage Summit US, a panel of experts discussed the impact of the ITC on the uptake of co-located assets, but also the challenges of operating within its framework.
While interconnection queues for America’s electric transmission and distribution operators are “swelling up” with growing numbers of energy storage projects, some of the big challenges ahead include enabling fair market participation for both standalone storage and storage paired with generation.
Financial backing to support early development phases in battery storage and renewable energy projects has been found by Momentum Energy Storage Partners, a project development company launched by DNV GL’s former energy storage lead for the North Americas region.
DERs interconnected with the grid position a utility to better manage peak demand, avoid transmission overloads and keep electricity flowing, but interconnection of battery, solar and other DERs is not without its challenges. Jason Allnutt from IEEE Standards Association discusses a standard that has become an “essential resource” for stakeholders.
Independent power producer (IPP) Broad Reach Power has made the first of “several planned expansions” into California’s market for energy storage, acquiring the 25MW / 100MWh Cascade Energy Storage project.
