VIZn claims to deliver energy storage for renewables at record low price

Utility-scale zinc-iron flow battery maker VIZn Energy claims it can deliver energy storage to pair with solar or wind at a “record low price” of just US$0.04 per kilowatt-hour.

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AMS taking ‘storage to new level’ with US$34m Series B investment

Business models used by Advanced Microgrid Solutions (AMS), including creating “Hybrid Electric Buildings” with energy storage, take the industry to a “new level”, VC investor Nancy Pfund has said.

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Siemens and AES form energy storage JV Fluence aimed at 160 countries

Fluence, a new energy storage company, has been launched jointly by global engineering giant Siemens and energy storage system integrator and developer AES.

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Ideal Power inverters, power conversion integrated into NEXTracker’s solar-plus-storage

A supply deal has been signed, for components made by Ideal Power to be integrated into NEXTracker’s solar-plus-storage offerings, including power conversion system and solar PV inverter.

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Enel will put Amber Kinetics’ long duration flywheels to the test

Multinational utility Enel will assess the effectiveness of flywheels, having signed an agreement with Amber Kinetics, a manufacturer of the energy storage devices.

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AES closes US$2 billion in finance for gas plus energy storage project

AES Corporation has closed US$2 billion in finance for the 1.4GW Southland Repowering Project.

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Massachusetts sets 200MWh energy storage procurement target

Expected since the beginning of this year, Massachusetts has confirmed that it will implement an “aspirational” 200MWh energy storage procurement target for electric distribution companies.

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LG&E and KU install 3MW energy storage research centre at Kentucky power plant

Louisville Gas and Electric and Kentucky Utilities (LG&E and KU), arms of US firm PPL Corporation, have developed a research centre for energy storage at a power plant in Kentucky.

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Elettronica Santerno signs off on 27MW inverter order in Nevada

Italian inverter developer Elettronica Santerno, a subsidiary of Enertronica, has signed off on a contract to supply 27MW of PV inverters to a power utility in Nevada.

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Tesla’s SolarCity to exit South Carolina market

SolarCity, a subsidiary of Tesla, confirmed to The Post and Courier that it is pulling the plug on its presence in South Carolina.

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GE Energy Financial Services raises US$413 million in funding for solar projects in Japan

GE Energy Financial Services (GE EFS), the energy investing unit of General Electric, has raised what it claims to be the largest solar energy fund in Japan to invest in Japanese solar power projects.

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