Market conditions are “artificially” restricting energy storage batteries from “leveraging and maximising their multiple capabilities” a US trade group which includes utilities, technology and service providers and grid operators among its membership has argued.
A proposed 500MW pumped hydro energy storage facility in the Philippines will be designed and constructed by Power Construction Corporation of China (POWERCHINA), which will also carry out procurement duties.
Business models used by Advanced Microgrid Solutions (AMS), including creating “Hybrid Electric Buildings” with energy storage, take the industry to a “new level”, VC investor Nancy Pfund has said.
A supply deal has been signed, for components made by Ideal Power to be integrated into NEXTracker’s solar-plus-storage offerings, including power conversion system and solar PV inverter.
An offer from Tesla CEO Elon Musk to complete a large-scale energy storage project in South Australia within 100 days or deliver it for free has been taken up by the region’s government.
Welcome to Part 2 of our in-depth talk with Nancy Pfund, managing partner at DBL Partners, a venture capital firm specialising in companies and start-ups that offer both rewarding financial returns and positive social impacts. As well as being one of the earliest backers to Tesla and SolarCity, to utility-scale solar tracker company NEXTracker to Off-Grid Electric, which deploys solar in rural Africa; to others in energy storage like Advanced Microgrid Solutions and Primus Power, Pfund is extremely well-placed to offer a quick Q&A ‘masterclass’ in energy storage investing.
Work begins this month on solar-plus-storage projects in North Carolina that will deploy a total 12MWh energy storage, by developer Cypress Creek Renewables and turnkey solar and storage provider United Renewable Energy.
What is expected to be Europe’s largest community battery is set to be installed at an innovative regeneration scheme in Nottingham, England, with a 2MWh Tesla battery to be deployed in September as part of a housing scheme alongside community solar.
Dutch grid-scale electrical equipment and integration company, Alfen, has delivered a 3MW wind power-integrating energy storage system using BMW car batteries, in the central Netherlands.
Jamaican utility company Jamaica Public Service (JPS) announced Monday that its board of directors has approved a hybrid energy storage solution which — pending approval from the Office of Utilities — will be the first of its kind in the Caribbean.
