Energy storage firm redT has landed more than £3 million (US$3.92 million) from an open share offer, effectively securing its immediate future.

Pivot Power will collaborate with manufacturer and system integrator redT on what is claimed to be the world’s first grid-scale hybrid battery energy storage project to use a combination of lithium-ion and vanadium technologies.

Following February’s excellent Energy Storage Summit at London’s Victoria Park Plaza hotel and hosted by our publisher Solar Media, here’s a short series of videos posing some of the big questions around energy storage, renewables, climate change, business and the industry, and more.

Nippon Koei, one of Japan’s largest engineering firms, has formed a joint venture with a British battery storage firm to construct two 50MW behind-the-meter energy storage projects in the UK.

Topics previously off-limits due to commercial sensitivity or just a lack of experience from the field, were explored in depth at this year’s Energy Storage Summit in London.

Statkraft has partnered with energy & meteo systems to launch a 1GW wind, solar and battery storage virtual power plant in the UK, which it says will further renewables’ penetration into the country’s energy market.

GRIDSERVE said the new project “ushers in a new era” for “subsidy-free, truly sustainable energy” in Britain.

UK editor Liam Stoker writes in a blog for the energy transition and smart power site this week that National Grid’s Distributed Resource Desk – a new platform for managing distributed resources on its network – is starting to enable wider participation in the BM.

Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry’s business case, financiers stress at Energy Storage Summit.

Co-location of large-scale energy storage systems with solar and wind generation is not an immediate prospect for the UK’s clean energy markets, although interest is there, an expert panel said today at the Energy Storage Summit.