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.
ScottishPower has unveiled a £2 billion (US$2.65 billion) investment programme for 2019 to target large-scale battery storage and public EV charging points.
UK battery storage firm Zenobe Energy has secured a £25 million (US$32.27 million) investment from Japanese power giants Jera and Tokyo Electric Power Company (Tepco).
Firm spies potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it expects to be worth more than US£2 billion (US$2.58 billion) a year by 2025.
Renewable energy utility Good Energy has partnered with manufacturer Powerstar and engineering tech provider Belectric to push ahead its commercial and industrial (C&I) energy storage offerings in the UK.
Consumers in a South London housing estate will soon be able to trade solar power amongst themselves as an blockchain-enabled pilot project backed by EDF gets underway.