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). The equity injection is not only one of the largest direct investments in a UK energy storage company, but also constitutes yet another move from Japan’s energy utilities into the […]
Energy Storage
Tesla doesn’t have enough of the batteries that can power your home
Tesla’s Powerwall batteries are in short supply among solar panel installers, according to a survey. Tesla CEO Elon Musk said the company needed to turn its focus to car batteries. Customers can still order Powerwall batteries directly from Tesla. A new study published by EnergySage and the North American Board of Certified Energy Practitioners has […]
Europe to See a Sixfold Increase in Battery Cell Manufacturing Share by 2026
Europe’s share of global cell production is expected to grow from 6 percent to 35 percent over an eight-year period, according to Wood Mackenzie. Europe’s share of global lithium-ion battery cell manufacturing is set to grow from 6 percent last year to 35 percent in 2026, new figures show. Wood Mackenzie Power & Renewables forecasts […]
Hydrostor Will Build Compressed Air Storage for the Australian Grid
The project could lay the groundwork for unconventional storage on a massive scale. Australia’s grid storage market isn’t just for batteries any more. Canadian startup Hydrostor will build a novel compressed-air storage device in renewables-rich South Australia, the company announced last week. It plans to use the 5-megawatt project as a “showpiece” to educate customers […]
Renewables need urgent investment to ease Australia’s transmission bottlenecks, experts warn
Energy storage and transmission must be rapidly updated to meet emissions targets through uptake of renewables, group says Renewable energy experts have called on federal and state governments to invest in additional transmission infrastructure and storage, saying Australia’s emissions reduction targets won’t be met without rapid policy action. A statement issued by more than 40 […]
RTOs Facing Modeling Challenges on Energy Storage
WASHINGTON: Declining costs and new market rules are opening opportunities for energy storage, but the technology’s operating characteristics are proving challenging to system operators and market designers, speakers told the Energy Storage Association Policy Summit last week. Jurisdictional questions also are creating uncertainty, speakers said. David Kolata, executive director of the Citizens Utility Board in […]
India’s first grid-scale battery storage project comes online
India’s first grid-scale battery storage system was brought online earlier this week in Rohini, Delhi, by a triumvirate of heavy hitters including Indian electric utility Tata Power, global power company the AES Corporation, and global business enterprise Mitsubishi Corporation. The 10MW/10MWh grid-connected energy storage system is owned by AES and Mitsubishi Corporation and it is […]
Centrica: Residential solar-plus-batteries could mean 4.5GW more flexible capacity for the UK
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business. And the firm is backing its investments to help it capitalise on the potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it […]
India’s first grid-scale battery storage project comes online
India’s first grid-scale battery storage system was brought online earlier this week in Rohini, Delhi, by a triumvirate of heavy hitters including Indian electric utility Tata Power, global power company the AES Corporation, and global business enterprise Mitsubishi Corporation. The 10MW/10MWh grid-connected energy storage system is owned by AES and Mitsubishi Corporation and it is […]
Centrica to Unlock the Power of Millions of Homes With New Home Energy Management Offers and Investment Into Greencom Networks
– Battery and solar technology to deliver over 4.5GW of flexible capacity LONDON: Centrica is to expand its smart home activity in a move that will unlock the power of millions of customers’ homes, driving down electricity bills through the development of new propositions that will also support the flexibility of the grid. The company is […]