Reducing peak demand for commercial and industrial (C&I) electric utility customers in Ontario remains a big opportunity for using battery energy storage to reduce costs and decarbonise, three partner companies working on a 2MWh project have said.
The Energy Storage Digital Series, an online-only conference and webinar series, produced and hosted by the events division of our publisher Solar Media kicked off yesterday. Here are some highlights and key quotes from opening panel discussion: ‘Predicting the energy storage tech of the future’.
Two grid-scale battery energy storage projects, one just completed in Texas and one just announced in California, give an indication of the growing market opportunities in the US’ regional grid operators’ service areas.
Government representatives from the Kingdom of Jordan in the Middle East have confirmed that tendering for a 30MW / 60MWh energy storage system has been cancelled.
Energy storage manufacturing giant CATL has partnered with Shenzhen KSTAR Science & Technology to construct a new lithium-ion battery manufacturing facility Fujian, China.
Powin Energy has launched a set of three battery storage system products using CATL’s large form factor lithium-ion cells, including a system solution capable of 4+ hour duration and backed by a 20-year warranty.
Technology provider Sinexcel has announced the successful commissioning of a 72MWh pair of lithium iron phosphate (LFP) battery energy storage projects in Illinois and West Virginia in the US, to deliver frequency regulation services to the PJM Interconnection service area.
SimpliPhi Power closed down its manufacturing operations briefly due to the COVID-19 pandemic last week before reopening this week, having made adjustments to try and ensure the safety of workers.
“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
