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March 1, 2021
By: Partner The sudden and rapid use of Special Purpose Acquisition Companies (SPACs) to launch privately-held companies into publicly-listed entities is a minor phenomenon of our time and some players in clean energy industries including energy storage, have been quick to join the wave. It can work out really well, but it can also all end in tears: so choose wisely, says Charles Lesser, partner at Apricum - The Cleantech Advisory. This year is already the year of the SPAC: they are awash...
February 26, 2021
25 February 2021: Total picks AI-driven energy platform company AutoGrid for 25MW French project The delivery of grid-balancing services from Total’s recently-commissioned 25MW / 25MWh battery storage project in Dunkirk, northern France will be managed by AutoGrid’s Flex virtual power plant (VPP) platform. Currently France’s biggest electrochemical energy storage plant — although it looks set to be overtaken for that crown soon — energy major Total was contracted by grid operator RTE...
February 25, 2021
Published: 25 Feb 2021, 06:22 By: Andy Colthorpe Lithium battery and materials inspection equipment made by Germany-headquartered company ZEISS. The White House statement said that the US needs to "better leverage our sizeable lithium reserves". Image: Andy Colthorpe / Solar Media. With the US having rejoined the Paris Accord on the climate crisis last week, President Joe Biden has now signed an Executive Order which identifies the importance of mitigating risks in the supply chai...
February 25, 2021
By: Andy Colthorpe Joe Biden took over as President of the US a month ago and last week he and his team brought the country back into the Paris Agreement on Climate Change. Before he took up his post, Energy-Storage.news had asked national Energy Storage Association CEO Kelly Speakes-Backman what the energy storage industry in the US — and the world — could expect from the new president. Shortly after that interview, Kelly Speakes-Backman herself was recruited into the Biden-Harris Admini...
February 25, 2021
Published: 25 Feb 2021, 15:03 By: Edith Hancock An artists impression of the VBB storage project set to come online in Victoria later this year. Image: Neoen Australia’s Clean Energy Finance Corporation (CEFC) has invested AU$160 million (US$127.6 million) in a 300MW battery storage project near Geelong, Victoria. Acting on behalf of the Australian government, CEFC will fund the construction, design and operation of the Neoen 300MW / 450MWh Victorian Big Battery (VBB), set to be ...
February 25, 2021
Shell Overseas Investments BV has acquired German virtual power plant (VPP) operator Next Kraftwerke, expanding its footprint in the space.
February 24, 2021
Published: 24 Feb 2021, 08:31 By: Andy Colthorpe Site selected by Yukon Energy for what is thought will be the northernmost large-scale battery system in Canada. Image: Yukon Energy. Steps forward have been taken in the development of a grid-scale battery energy storage system (BESS) in the Yukon Territory, northern Canada, which will help stabilise the region’s grid and reduce reliance on fossil fuels. Local utility Yukon Energy, which is publicly-owned, is planning the 7MW / 4...
February 24, 2021
The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry
February 24, 2021
Published: 24 Feb 2021, 13:45 By: Andy Colthorpe Gravity energy storage: George Hilton of IHS Markit said that varied alternative and potentially disruptive options exist among electrochemical, mechanical and thermal types of emerging energy storage tech. Image: Gravitricity. The energy storage market is poised for strong growth over the next decade and opportunities are likely to emerge for alternatives to lithium-ion that offer longer durations of storage, but three key challeng...
February 24, 2021
A pilot solar-to-hydrogen project developed by Toshiba. Image: Toshiba. Support frameworks which address both green hydrogen supply and demand, as well as cross-border initiatives, will be pivotal to delivering affordable green hydrogen, a panel has concluded. The ‘Gas & Hydrogen: Bridging the Gap’ panel, part of the ongoing Energy Storage Summit 2021 organised by Energy-Storage.news publisher Solar Media, brought together a panel of stakeholders of the green hydrogen economy, including a...