Growth in renewables and corresponding market pricing is the key driver for the commercialisation and global adoption for vanadium flow batteries (VFBs) and an important reason why we will see further growth for this technology over the years to come, says Ed Porter of Invinity Energy Systems.
Verdant Microgrid, a developer of distributed generation projects ranging from 1MW to 20MW largely for commercial and industrial (C&I) sector customers, has secured a US$150 million financing agreement to further its activities.
A remote town in Western Australia went fossil fuel-free for more than an hour, using a combination of solar power and battery storage and the project could be replicated by other isolated communities, the software provider behind it has said.
Recurrent Energy, the project development subsidiary of vertically-integrated solar PV company Canadian Solar, has claimed that it has 2.3GWh of battery storage projects in “late-stage development”.
Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
Global renewable energy development company Fotowatio Renewable Ventures (FRV) is building its first project to include solar PV and a battery energy storage system (BESS) at the same site, in Queensland, Australia.
California’s second-largest investor-owned utility Pacific Gas & Electric has warned customers of a challenging summer ahead, beginning with a record-breaking heatwave expected in some parts of the state this week.
Mozambique’s energy and mineral resources minister attended a ceremony to mark the start of construction on the first solar project in the country to be paired with utility-scale battery energy storage.
