Once again, lithium-ion battery-based solutions have been selected for projects that will “improve overall reliability” of electricity supplies, to enhance the grid and make it more efficient, while also providing backup in case of outages.
Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, owner and operator of the only known “Gulf Coast” style domal-quality salt formation in the western US, have launched an initiative that will see the start of the development for the Advanced Clean Energy Storage (ACES) project in central Utah. Tabbed by MHPS as the world’s largest project of its kind, the ACES initiative will develop 1GW of renewable energy storage.
Two bills that have been introduced in the US to support and accelerate the development and deployment of energy storage are enjoying cross-party support and look likely to pass unopposed, an analyst has said.
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.
The growth potential of energy storage has drawn interest from some of the biggest names in the power business and beyond. With the trend set to continue, Andy Colthorpe explores how three recent acquisition targets are faring under new ownership.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.
