Energy Storage

The Danish wind turbine producer to explore further development of hybrid renewable energy plants that combine wind, solar and battery storage at single location as wind growth rates ease in face of market consolidation.

London has launched a £34 million Energy for Londoners scheme, which includes goal of generating 1 GW of energy from solar by 2030. Shirley Rodrigues, deputy mayor for the environment and energy, presented parts of London’s energy vision this week at the Energy Storage Connected Systems conference.

Large-scale battery energy storage system will be supplied by GE and tap into U.K.’s growing demand for stationary storage solutions.

The Japanese electronics giant announces plans to sell solar cells individually this year, but confirms it is poised to halt module production at its fab in Shiga, Japan, in March.

The California-headquartered microinverter specialist announces private equity offering of 9,523,809 shares that have been sold to Chilean entrepreneur Isidoro Quiroga.

Bamboo and BBOXX launch pioneering platform aimed at providing developmental infrastructure for off-grid energy services.

The Swedish Energy Agency has granted SEK 146 million to support Northvolt Labs’ large-scale battery manufacturing plant in Västerås, Sweden. Project already secured financial backing from ABB, Vestas and Scania.

South Australia could play host to the world’s largest deployment of residential solar+storage in the form of a virtual power plant. The scheme, announced by SA Premier Jay Weatherill on the election campaign trail, could see 250 MW of rooftop PV and 650 MWh of battery storage added to 50,000 homes over 4.5 years.

The conversation around battery cell production may be heated, but it is largely confined to the advanced industrial economies of China, Japan, South Korea and the U.S. Although also a high-tech hub of innovation and manufacturing expertise, Europe has been on the outside looking in for some time. But that could all be about to change as two exciting storage production programs take flight.

Fossil fuel sources received the most back-up generation power capacity, according to the provisional results of the latest Capacity Market Auction, released today by the U.K.’s National Grid. The country’s Renewable Energy Agency (REA) has criticized the results, stating the government is blocking new renewable energy projects.