Invinity Energy Systems, supplier of a grid-scale vanadium flow battery being installed at a site in the UK will rent the battery’s electrolyte out to the investor developing the project, thereby helping lower the upfront cost of getting the system deployed.
VIDEO: Using solar and batteries to replace diesel and other fossil fuels at off-grid industrial sites is both a viable business model and a way to “inject” solar into the global energy mix in a smart – and economical way, MD Karim Wazni says.
A large-scale battery storage system will be built in Texas for the US’ biggest electric utility cooperative, to time-shift solar-generated loads and provide grid services to transmission operator ERCOT.
A megawatt-scale energy storage system will be rented out to power a gold mine in Western Australia by Aggreko, the mobile power solutions company which bought up energy storage provider Younicos last year.
