An examination, analysis and perspectives on the takeaways and highlights beyond the hype of Tesla’s latest and most ambitious plans yet, from market analysts, technologists and more.
Legislation to help the US economy invest in clean energy jobs and support innovation and industry passed the House of Representatives this week – and Energy Storage Association (ESA) CEO Kelly Speakes-Backman applauded the prominent inclusion of energy storage in the bill.
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.
The Australian Capital Territory (ACT) has awarded 200MW of renewable energy capacity in a reverse auction, while the state government has emphasised the significant role large-scale batteries that were also handed contracts will play in the region’s transition to cleaner energy.
The largest battery storage project to be owned by a local government authority in the UK, the 30MW Fideoak project, required a novel software solution to ensure that the best return and maximum impact could be made with public money invested, as Thomas Jennings of Kiwi Power explains.
One of two dedicated energy storage investment funds listed on the London Stock Exchange has seen its Net Asset Value (NAV) per share fall slightly as a result of COVID-19 but remains optimistic for its performance over the year.
US wholesale electricity supplier NextEra Energy Resources has said 700MW of contracted battery energy storage resources it will deploy in California within two years could be followed by a further 2,000MW pipeline of battery projects under development in the state.
More than 60MWh of residential battery energy storage systems from sonnen will be used in a virtual power plant (VPP) project in California that will fit out solar-powered energy solutions for around 3,000 residential apartments.
Goldman Sachs Renewable Power has acquired a 100MW solar PV plant with a 50MW battery storage facility currently under development in San Bernadino, California.