Florian Mayr, partner at Apricum – The Cleantech Advisory, reflects on knowledge gained in energy storage’s rapidly growing markets and offers his five key ingredients for success.

US energy storage had a fairly quiet period in the third quarter of this year deploying just 16.4MW/31.4MWh but enjoyed a record quarterly sum of US$660 million of corporate investment.

US-Canadian energy storage project developer Convergent Energy and Power has secured third-party project financing for 12MW of energy storage projects in Canada that will provide grid services.