Utility Scale Storage

New research sheds light on the benefits of demand response applications in a low voltage distribution network with an integrated PV system.

British renewable energy developer Lightsource has entered into a £1 billion partnership with asset manager BlackRock Real Assets to create Kingfisher, which will target 1 GW of solar capacity in the U.K. Partnership will also eye storage opportunities.

In the first year energy storage and electric vehicle sectors are included, REA’s annual publication reveals a 2.5% YoY increase in the number of jobs in the renewable energy industry, but also a significant decline in growth from two years previous when it was at nearly 9%. The Association points to negative policy changes as the reason behind the downward trend.

More than $1 billion raised in the first half of 2017 by battery storage, smart grid and energy efficiency companies – up from $807m in H1 2016, finds latest Mercom Capital Group report.

As costs are driven down by the economies of scale and improvements in manufacturing and deployments, new technologies are finding their way to widespread adoption, as seen in the case of solar modules. In order to facilitate the prediction of costs and outcomes for new energy storage technologies, a team of researchers from Imperial College London has developed a tool to help policy makers and investors make informed decisions.

Business and energy secretary Greg Clark to announce on Monday focused strategy designed to modernize the U.K.’s energy sector and bring more renewables into the fold via sustained support for storage technology.

The Solar Energy Corporation of India has scrapped large amounts of solar+storage tenders at both the Pavagada and Kadapa solar parks as it seeks to renegotiate with states for lower tariffs.

Wirsol Energy and Australian developer Renew Estate have agreed to collaborate on a renewables pipeline of more than 1 GW, starting in Australia. The new venture already has 400 MW of utility-scale solar capacity under development and plans to start construction on its first projects by the first quarter of 2018.

In an interview with at Intersolar Europe 2017, Kaila Haines, Nidec ASI Marketing Director, is tracing the evolution of Europe’s large-scale battery storage market.

Private equity fund Zouk Capital has invested the funds into Green Hedge Energy UK to support the development of a series of battery energy storage projects set to take shape over the next 12 months.