UK gas and electricity market regulator Ofgem has made a “game changer” decision for UK energy storage, by confirming that solar farms are able to retain accreditation under the government Renewables Obligation (RO) when supplying electricity to batteries.
Varta Storage, the energy storage division of consumer, automotive and industrial battery manufacturer Varta, is poised to enter the UK and Ireland residential battery markets through a new exclusive deal with Waxman Energy, as global storage head Gordon Clements told our sister site Solar Power Portal the UK is “the next market that will start to open up” for the technology.
Good Energy, one of the first utilities in Britain to offer all-renewable energy for consumers, has said it aims to start work on its maiden commercial energy storage development in November this year.
France-headquartered mega-utility EDF has accepted delivery and installation of a flywheel energy storage system manufactured by Germany’s Stornetic, at EDF’s “full testing playground” south of Paris.
Enphase Energy, a leading PV microinverter supplier and energy management specialist, which also makes its own AC Battery for energy storage, has appointed current COO, Badri Kothandaraman as its new president and CEO, after the sudden departure of long-term CEO, Paul Nahi in early August, 2017.
California-based energy storage technology developer Gridtential announced that it has closed US$11 million in financing led by 1955 Capital, with assistance from East Penn Manufacturing, Crown Battery Manufacturing, Leoch International and Power-Sonic Inc., as well as an existing investor in The Roda Group.
Australia’s biggest utility AGL, which has committed to phasing out coal by 2050, has said it is likely to replace the capacity provided by one ageing power station with batteries, peaking plants, demand response and pumped hydro.
Heating and cooling uses more than half of Europe’s energy, but the potential “immense value” of thermal energy storage has barely been explored, the head of an energy storage trade group has said.
More schools in North America will be able to ‘green’ their energy supply and hedge against future rises in the price of electricity, with Jigar Shah’s Generate Capital taking on six solar-plus-storage projects in California.
India’s Ministry of New and Renewable Energy (MNRE) has issued a new order seeking to improve the quality of components in the solar sector, including batteries to be used for stationary energy storage.