Swiss utility and power distribution company EKZ (Elektrizitätswerke des Kantons Zürich) is building a grid-balancing and renewables integrating 18MW / 7.5MWh energy storage system and has appointed NEC Energy Solutions to execute the project.
A Swiss fund aimed at encouraging institutional investors to get on board with energy storage has reached its first closing at €66 million (US$70.4 million).
A research project aimed at validating technologies for the “industrial scale” storage and dispatch of solar generated electricity in Switzerland has received CHF2 million (US$2.17 million) in funding from a local government agency.
