The government of Bangladesh and potential investors into energy storage in the South Asian country were handed a European Union-funded roadmap for the technology’s development last week.
Investors Harmony Energy and JLEN have energised battery storage projects in the UK, while the government is considering a VAT exemption for home battery storage.
Developer Strata Clean Energy and utility Arizona Public Service (APS) have agreed a 20-year tolling agreement for a 255MW/1GWh battery energy storage system (BESS).
Energy optimisation software provider Peak Power has received US$35 million investment, while startup Financial Machines has launched its own platform, with both targeting the US energy storage market.
Developer BlueWave talked Energy-Storage.news through the opportunities for energy storage in ISO New England (ISO-NE), one of only a few markets where ancillary services are not part of the long-term value stack.
BMW has partnered with a California utility to test out vehicle-to-X technologies, while fellow carmaker Volvo has invested in a bi-directional charging solutions provider.