How energy storage helps energy assets connect with energy markets
Energy storage can help enable cleaner, reliable, low-carbon energy networks while connecting energy assets to the market opportunities that will make the transition to renewable energy economically feasible. We speak to Wärtsilä’s Jeff Damron about the ways that the value of energy storage can be realised in markets across the world, both today and in the future.
Advanced compressed air energy storage project gets funding help from Canadian government
The Canadian federal government is financially supporting the development of a large-scale advanced compressed air energy storage (A-CAES) project capable of providing up to 12 hours of energy storage.
ROUNDUP: Stem software in 345MWh, Eos buys out manufacturing JV, Softbank invests in vanadium ion
News in brief from around the world in energy storage.
Traditional Hawaiian blessing as construction of solar PV plants with 300MWh battery storage begins
Construction of two large-scale solar-plus-storage projects has begun on the Hawaiian island of O’ahu, totalling 76MW of solar PV and 300MWh of battery storage, by Clearway Energy Group.
Li-Cycle picks strategic US location for next commercial lithium battery recycling plant
Canada-headquartered lithium-ion battery recycling specialist Li-Cycle will build its third facility in Arizona, joining plants the company already operates in Ontario and New York State.
California utility PG&E launches microgrid scheme for vulnerable communities and critical facilities
Communities at risk of losing their electricity supply in the service area of California utility PG&E when disasters strike are being supported in developing their own microgrids through a new scheme announced by the utility this week.
Statkraft commissions 26MW battery storage system at wind farm in Ireland
Norwegian utility Statkraft has completed the construction of its second large-scale battery storage project in the Republic of Ireland.
Zinc battery storage contracts in Texas, India and California for Eos Energy Enterprises
Eos Energy Enterprises, the NASDAQ-listed designer and manufacturer of energy storage systems based on the company’s aqueous zinc battery technology, has announced three large-scale projects in the US and India.
Hydro-Québec using battery storage to support transmission line upgrade work
Quebec’s largest grid-scale battery energy storage system to date will maintain electricity supply and power quality for customers of Canadian utility company Hydro-Québec while it carries out major transmission line upgrade work in the province.
Large-scale solar-plus-storage project commissioned at Mali gold mine
An off-grid hybrid energy system at Fekola, a gold mine in Mali, Africa, has gone online incorporating solar PV, battery storage and the site’s existing fossil fuel generators, project partners Baywa R.E and Suntrace have said.
PODCAST: Discussing long-duration energy storage, floating solar, the UK’s grid goes green
The April 2021 episode of the Solar Media Podcast, sponsored by Honeywell, is now available to stream. We discuss everything from long-duration energy storage and floating solar technologies to the UK's greenest weekend ever and Vietnam's solar rush.
Time to take virtual power plants seriously: Swell Energy creates asset class from customer assets
As society moves away from centralised fossil fuel generators to increasing shares of distributed renewable energy resources, the idea that customers’ homes could become host to virtual power plants (VPPs), joining the dots between electricity supply and demand across the grid, has gradually gathered traction. Andy Colthorpe speaks with Suleman Khan CEO of Swell Energy, which has raised nearly half a billion dollars in financing for solar-plus-storage VPPs in 14,000 homes across California, New York and Hawaii.
Thermal energy storage startup EnergyNest secures US$130 million investment
An investment worth €110 million (US$131.5 million) has been agreed by ‘thermal battery’ manufacturer EnergyNest which would make infrastructure equity investor Infracapital its biggest shareholder.
America’s clean energy transformation is an investment, not a gamble
For the US to thrive while achieving its decarbonisation goals, it needs a robust clean energy economy, creating well-paid jobs and a strong trajectory for technical innovation, argues Philip Brennan, CEO of Echogen, an Ohio-based provider of waste-heat recovery systems and electro-thermal energy storage solutions.
Battling battery makers LG Energy Solution & SK Innovation clear path to ‘amicable competition’
South Korea’s LG Energy Solution and SK Innovation have reached an agreement to settle litigation between the pair which has been ongoing since April 2019 and threatened to derail plans to scale up battery manufacturing efforts in the US.
Battery storage 30% cheaper than new gas peaker plants, Australian study finds
Battery storage can be a significantly cheaper and more effective technology than natural gas in providing peaking capacity, according to a new study released by the Clean Energy Council, the industry group which represents Australia’s clean energy sector.