Centrica’s local energy market in Cornwall pioneers third-party grid flexibility procurement

With hundreds of homes and businesses having received solar-plus-storage systems and monitoring equipment, an algorithm is managing a market for flexibility and capacity in Cornwall. Homeowners with storage can place bids to sell energy from their systems to the distribution system owner on an intraday basis.

Moixa reaches 100 MWh of virtual power plant capacity in Japan

The company says its network is the largest fleet of batteries under virtual power plant management worldwide.

Volvo to join blockchain-powered ethical auditing of cobalt supply chain

Corporations in the auto industry, battery manufacturing and mining have joined forces to establish reliable due diligence reporting on raw minerals. Volvo will be among the first to move on the issue by putting its cobalt supply chain under scrutiny early next year.

ABB touts AI-supported industrial energy consumption management tool

A new application for ABB’s ‘Ability’ digital platform enables industrial customers to avoid peak charges without using of battery storage. The Swiss corporation has developed two apps for its energy management software with the help of an artificial intelligence specialist.

Distributed storage market to grow nearly twentyfold by 2028

Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions for now.

SolarEdge reports $1bn revenue in nine months

The third-quarter results for the inverter maker are in and look promising. All performance indicators are up for the steadily growing company.

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Tuvalu granted $6m for renewables ambition

The Asian Development Bank has signed off a grant for the South Pacific island nation to move on its plans to be 100% renewable by 2025.

BayWa commissions 25 MW of floating PV arrays in the Netherlands

Floating PV installations in Asia may be much larger but the trend is catching on in the EU and, pending a supportive regulatory environment and incentives, the technology could offer several dozen gigawatts of generation capacity in Europe.

PowerGen closes funding for electricity access for a million people

The microgrid utility has raised enough capital from Shell New Energies to deploy systems across sub-Saharan Africa.

Turkcell inaugurates data center with 1 MW rooftop array near Ankara

The telecommunications company opened a large data center near the Turkish capital. Turkcell said it wants to improve data security by storing more information on Turkish soil.

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