Financial backing to support early development phases in battery storage and renewable energy projects has been found by Momentum Energy Storage Partners, a project development company launched by DNV GL’s former energy storage lead for the North Americas region.
Following our recent webinar on ultra-capacitors and the role they could play in the energy transition, Johan Söderbom, EIT InnoEnergy’s thematic leader for energy storage and smart grids, explains the deepening connection between wind power and ultra-caps.
Vertically integrated solar PV company Canadian Solar will install 75MW / 300MWh of battery energy storage at a California solar power plant owned by Goldman Sachs Renewable Power.
Redflow’s zinc-bromine based devices have been picked by the New Zealand Rural Connectivity Group to help extend mobile coverage and internet connectivity to thousands of homes and businesses in remote areas.
Unlike the solar PV sector where there’s often an attitude of “let’s sell the project first and worry about O&M later,” storage projects must have services built in to the thinking and financial process from the beginning. With storage, a strong O&M plan and team become part and parcel of making and closing a strong productive deal, NEXTracker’s Marty Rogers argues.
Both energy storage asset owners and companies setting up to provide operations and maintenance (O&M) services for battery installations need to commit to higher levels of due diligence when selecting contractors according to RES Group’s head of solar and O&M.
Following the wishes of its customers, Germany-headquartered PV firm IBC Solar has launched a new package that helps partners in 30 countries with the planning, installation and maintenance of its lithium-ion energy storage solutions.
The key value propositions for commercial energy storage are based around “maximising economics subject to operating constraints”, according to Stem and other energy storage system integrators and operators.
Power equipment manufacturer Wärtsilä has launched hybrid and standalone energy storage systems, targeting areas where it sees “high market potential”, including remote microgrids and solar PV integration.