First Large Battery in Republic of Ireland Targets Super-Fast Grid Services

The Fluence-supplied battery system will make money via a new product that rewards high-speed frequency response. The Republic of Ireland recently received its first grid-scale battery, which will help manage volatility as the island nation ramps up renewable power plants. Developer Statkraft and battery supplier Fluence announced Wednesday that the battery had been installed in […]

Shell, Statkraft join race for Continuum

Both firms and CLP India have been shortlisted for next round Morgan Stanley Infrastructure Partners had invested $212 million in India-focused Continuum Wind Global energy major Royal Dutch Shell and Norway’s state utility Statkraft have joined the race to buy Morgan Stanley Infrastructure Partners-owned wind energy platform Continuum Wind Energy, two people aware of the […]

Statkraft to expand electric vehicle charging in Germany and Britain

The electric vehicle (EV) charging business is a growing market for utilities and Nordic competitors Fortum and Vattenfall have boosted their presence with several acquisitions and cooperation across Europe. OSLO: Norwegian utility Statkraft plans to expand its electric vehicle charging business in Germany and Britain, its chief executive told Reuters on Thursday, and also expects […]