Page 25 - Self Consumption News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 with capital and eyeing the energy transition. With many clients being approached about SPAC merger...

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 to deliver the battery energy storage system (BESS) and it was announced as in operation earlier th...

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 chain for “large capacity batteries”. The Executive Order on ’Securing America’s critical supply...

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 Administration, joining the Department of Energy as Principal Deputy Assistant Secretary for Energy Effici...

Published: 25 Feb 2021, 15:03 By: Edith Hancock An artist's 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 among the largest energy storage facilities in the world, through a senior debt facility. The proje...