ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
A solar-plus-storage project in New York which has just been completed is the first community project of its type and should help lower electricity costs for participants by 10% for the next 25 years.
Microgrid projects on three different continents that include multiple megawatts of battery storage alongside renewable energy have been announced in the past few days from well-known industry players.
A lithium-ion battery energy storage system (BESS) supplied by French manufacturer and system integrator Saft has enabled a gold mine in Australia to meet more than 50% of its energy demand with renewable energy.
A series of smart energy projects in the town of Alice Springs in central Australia could be exemplary to the direction of travel for the energy transition across the country if successful.
With the continuing threat of wildfires in California, the state’s regulator has approved a plan to deploy distributed microgrids proposed by investor-owned utility (IOU) Pacific Gas & Electric (PG&E).
QCELLS has invested AU$5 million (US$3.45 million) in SwitchDin, an Australian distributed energy resources (DERs) software company that offers capabilities including virtual power plant aggregation and microgrid-forming.
With the award of funding from the California Energy Commission, advanced energy hardware and software including solar-plus-storage, blockchain and EV charging stations will help demonstrate the feasibility of decarbonising a disadvantaged community in Los Angeles.