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Siemens signs technology deal with Britishvolt to create 'most efficient' gigafactory

Published: 18 Jan 2021, 09:18 By: Alice Grundy The UK gigafactory is to be built in Northumberland, with Britishvolt helming the project. Image: Britishvolt Siemens has partnered with the company behind what is to be the UK’s first lithium-ion battery gigafactory, providing it with its Digital Enterprise Technology. Britishvolt will have access to Siemens’ electrification solutions, automation and Digital Twin manufacturing execution technology, with this system giving the co...
United Kingdom Carl Ennis Digital Enterprise Technology Digital Enterprise Digital Twin South Wales

'Great Western Battery' 1,000MWh project proposed to aid reliability in Australia's post-coal age

Published: 18 Jan 2021, 11:05 By: Andy Colthorpe The Neoen-Tesla Hornsdale Power Reserve battery storage project in South Australia, which in many ways kicked off a wave of large-scale battery storage project announcements across the country. Image: Neoen-Tesla. Renewable energy developer Neoen last month published its plan for a new project in New South Wales, Australia, called the ‘Great Western Battery’ which will be among the country’s largest battery energy storage syst...
New South Wales United States Great Western South Australia Moss Landing Elon Musk

Funding for Battery Storage and Smart Grid Market up 112% Compared to 2019

(Credit: Pixabay) Total corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in 2020 was up by 112%, with $8.1 billion compared to $3.8 billion in 2019. That’s according to a new report from Mercom Capital Group. Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2020 was 12% higher with $2.6 billion...
Silicon Valley Bank Energy Efficiency National Grid Partners Prologium Technology Energy Impact Partners Zenobe Energy

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Australian utility AGL picks 'global leaders' Fluence, Wärtsilä for up to 1GW of energy storage

Published: 14 Jan 2021, 08:20 By: AGLs planned 100MW / 150MWh battery storage project in Wandoan, Queensland, Australia. Image: Vena Energy. Technology providers Fluence and Wartsila have been chosen through a competitive solicitation process to supply up to 1,000MW of grid-scale battery energy storage to Australian energy generation and retail company AGL. AGL said in a press release today that the two companies have been “secured under non-exclusive framework agreements” to ...
Markus Brokhof Suraj Narayan Jan Teichmann Julian Jansen Greensmith Energy Energy Futures Consulting

California project to assess long-duration energy storage technologies awarded US$5m grant

Published: 13 Jan 2021, 09:05 By: Andy Colthorpe Indian Energy was also awarded a US$1.2 million grant by the CEC in its long-duration solicitation last year for a project including NextGen flywheels made by KE Storage Corporation (KESC). Image: Indian Energy. A project which will combine and then assess four different types of non-lithium technologies for long-durations of energy storage has been awarded a grant by the California Energy Commission (CEC). A grant of “more than ...
United States Julia Prochnik Gavin Newsome Public Utilities Commission Community Choice Aggregators Ccas Ke Storage Corporation

London Stock Exchange-listed Gresham House Energy Storage Fund adds 65MW to portfolio

Reporter, Solar Media Gresham House added the Wickham Market grid-scale battery project (pictured) to its portfolio among a wave of other acquisitions in the past few months alone. Image: Gresham House Energy Storage Fund. Battery storage portfolio investor Gresham House Energy Storage Fund has acquired 55MW of UK projects in the past few weeks and completed a 10MW extension to an existing project. Gresham House Energy Storage Fund, which is listed on the London Stock Exchange under the ticker...
Glasgow City United Kingdom North Tyneside West Lothian City Of Wester Dechmont

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