Energy storage technologies have largely been ignored in discussions at and around COP26 climate talks. That’s not good enough, argues Amit Gudka of Field.
AutoGrid has raised US$83.5 million in funding to scale up its virtual power plant (VPP) platform for distributed energy resources (DER) and Leap has raised US$33.5 million to scale and develop its DER software solution.
Renewable energy company Arevon has acquired its first project since being spun out from asset management firm Capital Dynamics, a large-scale solar-plus-storage plant in California.
Battery storage could play the same role on the grid as a proposed 60MW natural gas and fuel oil peaker plant in Massachusetts and not only result in lower emissions but also in cost savings.
There’s still a disconnect between what’s achievable and what is actually being achieved in the drive to decarbonise. Despite a boom in renewable energy generation, Australia’s government line is instead commitment to “a gas-fired recovery”. That commitment is a dangerous one, says Lillian Patterson of the Clean Energy Council.
Regulatory approval has been given for a 100MW / 400MWh battery energy storage system (BESS) facility which will be sited on land formerly occupied by a natural gas and oil-fired power plant which had been described as one of New York’s biggest sources of pollution.
The first battery storage components have been installed at Manatee Energy Storage Center in Florida, US, which is to date the largest solar PV-plus-storage project under construction anywhere in the world.
Renewable energy asset management software group Power Factors will add a 100MW battery energy storage system (BESS) to its recently-launched battery storage performance management platform.
Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.