Sumitomo Electric will supply an 8-hour duration vanadium redox flow battery (VRFB) to a recently-established municipal power company in Niigata, Japan.
While the demand for third-party battery energy storage system (BESS) optimisation services looks set to grow substantially, challenges for companies specialised in offering those services remain.
Utility and network operators RheinEnergie and Bayernwerk have respectively started building and commissioned 7MWh battery storage projects in Germany.
We continue our summer season look back at the first half of this year with another chance to watch the sponsored webinars Energy-Storage.news has been proud to bring you.
Energy optimisation software provider Peak Power has received US$35 million investment, while startup Financial Machines has launched its own platform, with both targeting the US energy storage market.
US battery storage developer and long-term management firm Spearmint Energy is “a little bit distrustful” of the “black box” of optimisation, its head of trading told Energy-Storage.news.
