Investment into the Ontario market for commercial energy storage has received another big boost, with US energy storage provider Stem Inc announcing today a significant cash injection from the Ontario Teachers’ Pension Plan group.
UK renewable electricity supplier Solo Energy is set to launch a ‘free battery’ business model to UK homeowners after a successful pilot on the remote Scottish islands of Orkney.
Next Kraftwerke, offering ‘Virtual Power Plants-as-a-service’, will integrate a 2MW/2MWh battery at the premises of a commercial customer which will be integrated to offer both front-of-meter and behind-the-meter benefits.
In the second part of our interview with Valts Grintals, analyst at Delta-ee we discuss why behind-the-meter energy storage, including commercial and industrial (C&I) and residential installations, contributed so much to the market’s recent success.
Softbank Energy and Kyocera, two major names in Japan’s solar energy industry, are partnering with utilities, grid operators and other stakeholders to execute virtual power plant (VPP) projects backed by the government.
Shell, which has just participated in an investment round for sonnen, is one of the big players in the incumbent energy industry that “really acts” on clean energy, rather than just talking about it, sonnen’s CEO has said.
Shell has continued to scale-up its interest in distributed energy by participating in a €60 million (US$70.23 million) investment round by German battery storage firm sonnen.
Simply Energy, the Australian retail arm for ENGIE, will aggregate 6MW of Tesla household batteries together with 2MW of demand response at commercial premises in Adelaide in a project supported by the government-backed Australian Renewable Energy Agency (ARENA).
Germany’s sonnen introduced a scheme a while back in which customers pay a flat, reduced rate for their electricity each month while the company aggregate their batteries together to benefit the grid – and now the offer has been extended to electric vehicle owners.
Ahead of a March election, the South Australian Labor government has said it will increase its renewable energy target to 75% by 2025 and implement 750MW of “renewable storage” if re-elected.
