The company reports that its IoT ABB Ability platform connects to existing GE Industrial Solutions’ installations. The company will supply its products to GE, with the GE brand name being retained. Access to the North-American market was named as one of the primary motivators for the acquisition. At the same time, the company inked a deal to support Be Power in the Italian market for dispatching services with its ABB Ability solution.
EU member states have reached a consensus regarding the prohibition of discriminatory taxes for self-produced energy, in negotiations on the renewable energy directive. The indiscriminate regulation covers systems of up to 30 kW capacity. Furthermore, double taxation through the additional charges on energy storage is to be avoided.
The City of Sydney has installed the first large scale battery storage system to be located within the Sydney metropolitan are. Transgrid and the City collaborated on the project, which sees 500 kWh of batteries coupled with around 450 kWp of rooftop PV.
The German-based company delivered 26 battery inverters for lithium-ion storage with a capacity of over 50MWh. The facility is one of the largest of its kind and will provide reserve capacity to compensate for deviations in the power supply.
Finnish-based energy-solution provider, Wärtsilä has signed an agreement with automobile producer, Hyundai Motor Group to establish a commercial partnership for the use of second-life electric vehicle (EV) batteries in storage solutions.
Inverter manufacturers tapped into the major theme of digitization in their product presentations at this year’s Smarter E event in Munich – of which Intersolar Europe is a part of. The solutions deploy smart software solutions for maximizing self-consumption, O&M provision and enable hybrid architectures across all three market segments.
Distribution network operator, UK Power Networks is on track to launch what it says is London’s first virtual power plant (VPP). To this end, batteries will be installed on around 40 homes in the U.K. capital.
Unit cost of power is set to almost double for around a fifth of the US population in three years’ time as abandonment of all-of-the-above Obama strategy sees fewer generators participate in PJM capacity auction
The World Energy Council tracks the top concerns of energy leaders and has created a tool with Arup to display its findings. The rise of digitalization issues and the decreasing significance of fossil fuels indicates a strong renewables market ahead and energy start ups are receiving increasing attention from utilities and leaders
The 2018 Ecosummit Berlin, a EU cleantech startup platform, focussed on smart green energy and mobility. Of the 99 speakers, 69 were startups presenting innovative solutions to a changing energy economy, catering to the needs of end-customers, developers and utilities alike.
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