EU Commission eyes ‘green trade agenda’ with President-elect Biden
While Donald Trump grapples with the result of the election, Europe’s highest officials have moved on, and demonstrated new optimism for the four years ahead by setting a preliminary agenda for cooperation aimed at president-elect Joe Biden with key topics including work on renewables, battery storage and carbon pricing.
US energy storage market redefined in Q3
Installations hit a record 476 MW/764 MWh in the third quarter, with California’s deployment figures alone shattering all previous quarterly records.
US ‘aqueous air battery’ developer reveals investors in recent $76 million funding round
The holy grail of energy storage has always been low-cost and long-duration. Form Energy plans to deploy a 1 MW/150 MWh system with a Minnesota utility before 2023 – an unprecedented energy storage duration, if successful.
India tweaks 100 MW solar-plus-storage tender
The peak DC capacity of the project has been reduced, along with the size of the battery storage element of the facility.
Europe’s largest battery project gets approval in the UK
U.K.-based energy company InterGen has received planning permission to deploy 320 MW/640 MWh of capacity at a logistics park near London. The storage complex is planned to provide fast-reacting power and system balancing with an initial, two-hour duration.
5 MW/7.5 MWh Li-ion battery to provide network services in Australia
Spanish storage specialist E22 is now working on its first project in Australia – a 5 MW/7.5 MW Li-ion battery in Victoria that will provide AusNet with network services during periods of summer congestion.
Chile to launch auction for 2.31 TWh of renewables+storage in May
The country’s energy regulator will publish the auction’s final bidding terms in December. Projects awarded contracts under the auction will supply electricity under 15-year power purchase agreements for 2026-2040.
Investors bet $27.5 million on Nanotech Energy’s graphene battery breakthrough
Nanotech Energy plans to release a non-flammable, environmentally friendly lithium battery that can charge “18 times faster than anything that is currently available on the market.” And it aims to do it within the next year.
UK utility unveils £50m flexibility tender
Hong Kong-owned UK Power Networks is aiming to commission 250 MW of grid flexibility from energy storage assets with capacities as small as 10 kW, on contracts ranging in length from six months to seven years.
Form Energy secures $70 million for ‘aqueous air battery’
Form Energy plans to deploy a 1 MW/150 MWh system with a Minnesota utility by 2023.
