News in brief: A selection of news highlights from the energy storage sector including a new approach to benefit stacking from Panasonic in Colorado.
Tucson Electric Power (TEP) has touted its efforts at reinforcing its grid with three separate energy storage projects.
Energy storage software and service provider Greensmith Energy has completed and connected its 20MW energy storage system at the AltaGas Pomona Energy Facility in California, in response to the four-month long gas leak at Aliso Canyon, California.
A 20MW energy storage project set to be completed by March will use gas/diesel fired generation to deliver millions of pounds in revenue from balancing services to the national transmission network.
The cost of lithium-ion batteries for energy storage declined 65% in five years between 2010 and 2015, while battery storage’s use for electricity could hit 250GW by 2030, from just 1GW today, according to the International Renewable Energy Agency (IRENA).
The latest step in Hawaii’s clean energy evolution will be the deployment of a 20MW, five-hour duration battery energy storage system paired with 28MW of solar in Kaua’i, to match peak demand with generation.
Lithium mining and extraction companies have made several recent high profile moves to increase their production of the metal, which is used to make the batteries in many stationary energy storage systems and EVs.
Tesla and Panasonic’s Gigafactory in the Nevada desert has now started making high performance cylindrical battery cells of the type used in its stationary storage and forthcoming Model 3.
Canada-headquartered lithium-ion battery manufacturer Electrovaya increased its revenues year-on-year in the financial year which finished at the end of September, but the company also reported increased losses.
Battery storage specialist Younicos has been selected by Centrica to design the 49MW battery storage project that was last week awarded a 15-year Capacity Market contract.
