Independent energy infrastructure developer Carlton Power has secured planning consent for a 1,040 MW/ 2,080 MWh battery energy storage system (BESS). The project is expected to strengthen the resilience of the energy system in northwestern England.
Finland-headquartered Sumitomo SHI FW has entered a collaboration with China’s Shanghai Power Equipment Research Institute to evaluate the feasibility of long-duration energy storage using liquefied air energy storage technology.
Analysts at Mercom Capital Group have tallied up corporate funding, venture capital and debt and public market investment for battery storage, smart grids and energy efficiency companies. From a financial perspective, the industry appears resilient to the Covid-19 crisis and ready to grow further.
The British company, which has tested its liquid air energy storage technology in the U.K., says it is preparing to deploy its first plant on U.S. soil. Highview claims its CRYOBattery is half the price of utility scale lithium-ion storage.
The long-duration energy storage provider plans to eventually build a portfolio of 50 MW/250 MWh liquid air systems throughout the United Kingdom.
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