The South Australian battery pockets $4m as the market looks to unlock multiple potential value streams The Tesla big battery at Hornsdale in South Australia continues to make its mark on the Australian energy market, pocketing another $4m in the fourth quarter from the provision of frequency and ancillary services. The number was revealed in […]
Energy Storage
Battery Manufacturers to Integrate Energy Intelligence into Storage Systems to Tap Growth Opportunities
Partnerships across the value chain prove vital to realize the potential of multiple revenue stacking opportunities, finds Frost & Sullivan SANTA CLARA, Calif.: The market for commercial battery energy storage is opening up as a result of feed-in tariffs and net metering revisions in commercial photovoltaic (PV) hotspots, subsidies and tax incentives, affordable lithium-ion batteries, and rising electricity. In addition, the rise of […]
Tata Power inaugurates grid-scale battery storage system
The lithium-ion battery storage system has been installed at Tata Power Delhi Distribution’s Rohini substation. Battery-based energy storage enables electricity to be stored and delivered within milliseconds, improving grid stability and enabling more energy to be captured and delivered on demand. Tata Power said the 10MW/10MWh system, based on lithium-ion technology and owned by AES […]
Energy Department Announces Opening of Battery Recycling Center at Argonne National Lab
WASHINGTON, D.C.: In celebration of National Battery Day on February 18th, Assistant Secretary for Energy Efficiency and Renewable Energy (EERE) Daniel Simmons announced the opening of a Battery Recycling Center at Argonne National Laboratory. Aiming to reclaim and recycle critical materials (e.g., cobalt and lithium) from lithium-based battery technology, this recycling center focuses on cost-effective […]
Shell looks to plug into home storage with deal to acquire battery outfit Sonnen
Oil giant continues its expansion into clean tech market with proposed acquisition of Sonnen for an undisclosed sum Shell has agreed to buy the German battery specialist Sonnen for an undisclosed sum, the oil giant announced today in a move which catapults it into the home energy storage market. Sonnen is one of the fastest […]
India energy storage milestone as battery plant goes live
India’s first grid-scale battery energy storage system is now operational. Officially inaugurated this week, the 10 MW grid-connected system in Delhi is owned by AES and Mitsubishi Corporation, with software technology provided by Fluence, which is jointly owned by Siemens and AES. This project is located at a substation in Rohini operated by Tata Power […]
Sterlite Power forays into grid connected battery storage
Grid connected BESS are rapidly achieving commercially viability for utilities around the world as total system costs have dropped approximately 60% over the last 5 years. Sterlite Power has submitted bids for two storage projects in the recently concluded auction of Salt River Project utility. This marks the first foray of Sterlite Power into grid […]
Startup will store energy by forcing compressed air in a defunct zinc mine
The adiabatic process will be built with AUD $9 million in government-funded grants. An energy storage startup called Hydrostor is planning to build an Advanced Compressed Air Energy Storage (A-CAES) project in Australia, using an out-of-operation underground zinc mine as a container for the compressed air. Hydrostor announced its plans this week after being awarded […]
Storage, smart energy touted as post-Brexit stability drivers
A domestic energy storage and smart-energy agenda could help the UK offset volatile energy prices if interconnections suffer under a no-deal scenario, experts have said. “Any potential uncertainty around interconnectors will increase the UK’s need to move, regardless of Brexit, to a smart energy system and energy storage,” Tanisha Beebee, senior policy advisor at the […]
Sterlite Power bids for two battery energy storage projects in US
“This marks the first foray of Sterlite Power into grid connected battery energy storage systems (BESS),” the company said in a statement. NEW DELHI: Sterlite Power Thursday said it has submitted bids for two storage projects in the recently concluded auction of Salt River Project utility in Arizona, USA. Bids have been submitted for a […]