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    1. Energy Storage Association Chief Responds to Former US Energy Secretary Comments

      Energy Storage Association Chief Responds to Former US Energy Secretary Comments

      Kelly Speakes-Backman, CEO of ESA told Power Engineering International, that commentators should note the continuing decline in the price of the technology, and also the need to invest more in research and development to bolster its capabilities. Professor Chu, who served during the Obama administration, was reported in the Australian as saying that the huge lithium-ion battery built in South Australia by Tesla boss Elon Musk had cost about 40 times as much as an equivalent power plant using an existing hydro-electric dam. He said while the costs of building battery plants were likely to halve over the next decade, the approach would never be cheap enough to accommodate the big seasonal shifts in renewable power production.

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      Mentions: ESA
    2. Doosan GridTech Clinches First US Energy Storage Deal

      Doosan GridTech Clinches First US Energy Storage Deal

      Energy storage company Doosan GridTech has won its first project in the US. The deal will see the US-based firm supply advanced energy storage solutions for solar power generation to the Kingsbury substation, which is operated by Texas utility Austin Energy.The contract marks the company’s first order since South Korea's Doosan Group acquired US-based storage software solutions provider 1Energy Systems three months ago and changed its name to Doosan GridTech, which is now part of Doosan Heavy Industries & Construction.

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    3. RWE Storage Acquisition a 'Strategic Fit'

      RWE Storage Acquisition a 'Strategic Fit'

      The chief executive of RWE, Peter Terium, says the pending acquisition of German solar and battery specialist Belectric Solar and Battery Holding perfectly complements the strategy the company is trying to achieve. Both the firms have signed a share purchase deal and agreed a purchase price in a high double-digit million euro range but the deal must wait for approval from EU anti-trust authorities before completion, something the company told Power Engineering International it sees as merely a formality. RWE Innogy CEO Terium said, “With innogy we are creating the innovative, decentralized and sustainable energy company of the future. The agreed acquisition of Belectric Solar & Battery fits this strategic orientation perfectly.” “Smart battery storage solutions make generating electricity from renewables both more efficient and more secure. We are acquiring an innovative company that has built up an international strong market position. We are now combining our complementary strengths and creating additional impetus to successfully implement our projects in Europe and our growth regions – the whole will be greater than the sum of its parts.”

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    4. ZBB Energy to Commission Breakthrough Hybrid Energy Storage System for Multi-Tenant Building in Hawaii

      ZBB Energy to Commission Breakthrough Hybrid Energy Storage System for Multi-Tenant Building in Hawaii

      ZBB Energy Corporation, a leading developer of innovative energy management systems solutions serving the utility and commercial and industrial (C&I) building markets, today announced they will provide an integrated hybrid battery system utilizing ZBB's EnerStore® V3.3 zinc bromide flow batteries and a lithium ion energy storage module to provide elevator and common area back-up power for a multi-tenant residential building in Hawaii. The grid interconnected system will consist of the hybrid flow-battery and lithium-ion technology, some solar generation, grid isolation capability and be managed by ZBB's leading power control system product.

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      Mentions: HI China WI
    5. Northern Power Systems Builds on Microgrid Experience to Offer Grid Storage Solutions

      Northern Power Systems Builds on Microgrid Experience to Offer Grid Storage Solutions

      Northern Power Systems grid solutions are installed at many commercial and test sites for the use of storage technologies designed to provide peak shaving, load shifting and grid stabilization. The optimization of power converter and controls technology in NPS' state of the art, permanent magnet direct drive wind turbines has resulted in compact systems with remarkably high power density. This results in a unique combination of performance and reliability under widely varied operating conditions. The patented converter architecture and advanced controls technology is modular, fully customizable and liquid cooled, yielding extremely fast response time.

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      Mentions: VT
    6. UK university to set up new Centre for Cryogenic Energy Storage

      UK university to set up new Centre for Cryogenic Energy Storage

      A university in the UK has won £6m ($9.1m) funding to create a new Centre for Cryogenic Energy Storage.  The University of Birmingham claims that the ‘liquid air’ technology could revolutionise the storage of energy, reducing the costs of integrating intermittent generation into the electricity system and ensuring power is available when it is most needed.

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      Mentions: UK Highview
    1-8 of 8
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