“We work hard every day to continue to push forward to the best of our ability, as we believe that we must do all that we can do to keep our projects on track and support the greater economy.”
With everything going on right now around COVID-19, there has been an increase in installers’ and customers’ desires for information. Aric Saunders of Electriq Power, based in California, goes back to basics to support the large group of installers that are just now trying to get into the storage business.
Home batteries in a South Australia delivered significant revenues from their first six months of participation in a virtual power plant to help balance the grid, even with only an initial 1MW – 2MW of aggregated customer systems participating.
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.
UK stock exchange-listed dedicated energy storage fund has suspended all construction on assets currently in the works as it also announces the completion of the 10MW Lower Road project in southern England.
An optimal power system portfolio for the US state of California that would drive the world’s fifth largest economy towards greenhouse gas reduction goals for 2030 and then to zero carbon by 2040, includes 1GW of long duration energy storage.
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.
US-headquartered energy storage manufacturing startup KORE Power has said that its supply partner in China has resumed operations “and is presently working to meet KORE Power’s customer orders”.
Last year saw large-scale storage come of age in the USA and Canada, with some heavyweight storage portfolios starting to take shape. Speaking to four leading North American developers, Andy Colthorpe takes the pulse of a market poised for growth.
“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.”