Energy storage

Energy firm launches storage R&D project for renewables

Hungarian energy firm Alteo is launching a project valued at around HUF 1.1 billion ($4 million) aimed at creating an “innovative” battery-based storage model for “weather-dependent” energy sources.

The project, which is backed by an HUF500 grant from Hungary’s National Research and Development and Innovation Office (NKFIH), will focus on developing a system to make it easier to forecast and plan the utilisation of weather-dependent power supplies, Alteo said.

Hungary

Alteo

battery

Energy storage

National Research and Development and Innovation Office

Largest energy storage rollout for Canada

Powin Energy, a US energy storage solutions provider, will partner with renewable energy company Hecate Energy to build and install six units with a total capacity of 12.8MW/52.8MWh at two sites in Ontario, Canada.

Powin’s modular Stack140, a 140kW lithium-ion battery array that is scalable from 125kW to multiple megawatts for outdoor installation, will be deployed in the systems in Stratford and Kitchener.

‘Ultracapacitor could have saved airline millions’

The systems meltdown at British Airways, which left 75,000 passengers stranded last month, was preventable.

Advances in energy storage solutions mean that the chaos – and possible €100 ($112) million compensation bill – could have been avoided, claims a leading ultracapacitor manufacturer.

Japanese giant benefits from India’s green push

The fast-growing telecom sector in India has become Panasonic’s major growth driver for energy storage products in the country, company officials say.

The Japanese tech giant reports the sector has generated more than $100 million in sales of lithium-ion battery-based solutions in the last three years, as telecom service operators invest in renewable energy plus storage.

Storage’s time ‘is coming’ as prices fall

Full grid defection – combining solar with storage and a small electrical generator – will make economic sense in a matter of years, not decades, for some customers in high-cost markets.

That’s the prediction of respected business consultancy firm McKinsey & Company.

Energy storage

battery

McKinsey & Company

US firms team up to provide ‘all-American’ solution

US lithium-ion energy storage firm Sunverge Energy and San Francisco-based solar installer PetersenDean Roofing & Solar are teaming up to provide an “all-American” energy solution to Californian homes.

Sunverge’s lithium-ion battery energy storage systems (BESS) allows Californian residents to capture the power they generate from their rooftops as well as automatically use it when demand and energy prices are highest. By integrating Sunverge’s energy management platform with each storage system, PetersenDean can offer backup power during electric outages.

Lithium-ion

Energy storage

Sunverge Energy

PetersenDean Roofing & Solar

california

Largest solar plant in Australia with Li tech

Queensland-based firm SolarQ has announced it plans to develop the largest solar farm and energy storage facility in Australia, with 800MW(ac) of solar photovoltaic and 4,000MWh of lithium-ion battery storage.

The AU$2 billion (US$1.5 billion) project that has secured sufficient land in the Lower Wonga area of Queensland, says will eventually supply about 15% of south-east Queensland's power needs.

SDG&E seeks storage plans go-ahead to boost reliability

US utility San Diego Gas & Electric (SDG&E) is asking regulators to give the green light to contracts it has signed for five new local lithium-ion battery storage facilities with a combined total of 83.5MW.

If approved by the California Public Utilities Commission (CPUC), two of the five four-hour energy storage facilities will be owned and operated by SDG&E.

california

San Diego Gas & Electric (SDG&E)

Lithium-ion

battery

Energy storage

Storage changing thinking in the Power industry says Leclanche CEO

Anil Srivastava, CEO of Leclanche, a leading player in the European battery market told an energy conference last week that the emergence of global energy storage is now a driving force in today’s energy markets.

“The industry is witnessing totally new thinking toward the financing of energy storage projects by investors who are now looking at storage as a new asset class offering multiple revenue streams with large terminal value.”

Leclanché

Energy storage

Bloomberg 2017 Future of Energy Global Summit

Vattenfall and BMW Group 33kWh lithium-ion supply contract

Swedish utility firm Vattenfall has signed a deal with the BMW Group for the delivery of up to 1,000 lithium-ion batteries for use in its energy storage projects.

The 33kWh batteries, each equipped with a BMW-owned battery management system, will come from the German OEM’s plant in Dingolfing.