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US urged to end ‘uncertainty’ over battery storage tax breaks

Tue, 08/07/2018 - 12:43 -- John Shepherd
US urged to end ‘uncertainty’ over battery storage tax breaks

Treasury chiefs in the US have been urged to “end the uncertainty” over proposed tax breaks for companies rolling out energy storage projects.

The director for global market applications at US multinational Fluence, Kiran Kumaraswamy, told a US House Subcommittee on Energy hearing that battery storage developers are still waiting for guidance from the Inland Revenue Service (IRS).

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120 MW BESS partnership deal for UK

Fri, 06/22/2018 - 09:41 -- Xuan Zhong
120 MW BESS partnership deal for UK

US-based multinational Fluence is partnering with UK Power Reserve to commission the first phase of a 120-megawatt portfolio of battery storage facilities in the UK.

UK Power Reserve said the agreement with Fluence— a Siemens and AES company— “represents the single largest energy storage portfolio transaction with one technology provider announced in the UK to date”.

 

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Siemens to partner with Northvolt for ‘Green LIB’ supplies

Wed, 06/06/2018 - 11:18 -- John Shepherd
Siemens to partner with Northvolt for ‘Green LIB’ supplies

Siemens is to partner Swedish lithium-ion start-up Northvolt in developing “next generation Green lithium-ion batteries”.

Siemens is investing EUR10 million ($11.6m) in the partnership— through which it will become the latest international firm to work with Northvolt— whose planned lithium-ion battery manufacturing facility is being financed by the European Investment Bank.

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Saft launches advanced batteries R&D with Siemens, Solvay

Mon, 02/26/2018 - 11:03 -- John Shepherd
Saft launches advanced batteries R&D with Siemens, Solvay

French battery firm Saft is teaming up with European companies for a seven-year programme to develop next generation batteries— “focusing on advanced high-density lithium-ion and solid-state technology”.

Saft, which is owned by French oil and gas giant Total, said German technology group Siemens and Belgium-based chemicals firm Solvay have already committed to join the R&D initiative that will “develop and industrialise” next generation batteries for “all markets” including electric vehicles and energy storage systems.

 

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First grid scale storage system in India

Mon, 01/29/2018 - 10:38 -- News Editor
First grid scale storage system in India

AES and Mitsubishi Corporation are to build India’s first utility-scale energy storage system, a 10MW solution that will serve the electric grid operated by Tata Power.

The companies will own the ‘Advancion’ storage solution, which is being supplied by Fluence. Once completed later this year, the system will enable better peak load management, add system flexibility and enhance reliability for more than seven million customers in the Delhi region, the firms said.

 

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Siemens serves Qatar with Ni-HM hybrid powered LRV

Mon, 03/23/2015 - 11:44 -- Paul Crompton

ONE of the first Siemens Avenio light rail vehicle (LRV) equipped with a nickel-metal hydride hybrid energy storage system is being tested ahead of delivery to Qatar.

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LG Chem, Siemens plan closer cooperation on battery storage system

Mon, 11/24/2014 - 12:06 -- gerry@bestmag.co.uk
LG Chem and Siemens plan cooperation

South Korea's LG Chem and Siemens have agreed to collaborate more closely on development and marketing of industrial battery energy storage systems (ESS).

The two companies signed a preliminary deal at Siemens' German headquarters in Erlangen, Bayern to cooperate on several major ESS projects over the next few years.

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Siemens to provide demand response programme to US

Fri, 08/08/2014 - 10:58 -- Laura Varriale
Siemens facility

Siemens has struck a deal with US service provider Direct Energy to install its demand response management system (DRMS).

Direct Energy will manage the existing load commitments in several independent system operators (ISO) with Siemens’s DRMS. The DRMS are designed to control power usage and to help managing power demand requirements particularly during peak times.

The DRMS is to be integrated with sub-metering devices located at each Direct Utility account and to collect consumption data. The service provider will then use the data to determine the amount of energy it needs to transact into the marketplace.

"The flexibility of Siemens DRMS to provide automated interfaces to multiple ISO systems will allow Direct Energy to operate their portfolio in a more streamlined and efficient manner and will improve reliability for all of their customers," said Craig Cavanaugh, director of Siemens Smart Grid Applications and Solutions. “By leveraging the forecasting and analytics engine embedded in Siemens DRMS, Direct Energy will be able to optimize the market based transactions,” he added.

The deal will enable Direct Energy to deploy its demand reduction and demand management programs throughout the US and Canada. The company has more than six million residential and commercial customers.

Germany-based Siemens said that the US-contract is its biggest demand response project so far.

Siemens in tie-up with Aquion to develop microgrid, energy storage systems

Thu, 10/03/2013 - 15:34 -- Editor

Siemens Industry and Aquion Energy have signed a memorandum of understanding (MOU) to integrate its battery and drive technologies to develop microgrid and grid energy storage systems.

The companies will test the integration of Aquion's AHI (‘Aqueous Hybrid Ion’ saltwater electrolyte chemistry) and Siemens' Sinamics S120 drive technology. As part of the MoU, Siemens acquired an initial set of Aquion batteries for immediate shipment to their manufacturing and test facility in Alpharetta, Georgia, US.

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