January 16th, 2015
This week’s “Top 5” includes another storage project in Hawaii, series C funding for Eos, a complaint against the UK capacity market, a storage order for Forsee Power, and record winds in Germany.
“Parker Hannifin, the global leader in motion and control technologies, announces a strategic collaboration with Paris based energy storage consultancy Clean Horizon. As a leader in the field, Clean Horizon will work alongside Parker, finding solutions to the many challenges that affect the rapidly changing renewable energy generation and electricity storage markets. “
1. ZBB signed a PPA to provide power to more than 350 condominiums in Hawaii. The company will provide power with PV panels, storage and energy management. Savings are expected to reach 15% the first year.
2. “Eos Energy Storage […] today announced a private placement with AltEnergy LLC. Eos expects to receive $15 million in gross proceeds from the private placement and plans to place an additional $10 million with accredited investors for total gross proceeds of $25 million.” This Series C round will be used for manufacturing scale-up and commercialization.
3. Startup energy retailer Tempus Energy brought an appeal in the European General Court against the UK capacity market. The company views it as unfair and only a disguised subsidy to keep conventional and polluting generation running. Part of the problem is that the events during which the generation selected is required to be online have no time limit, i.e. they can last a day, which does not suit demand side response and storage technologies
4. French lithium battery integrator Forsee Power was chosen by French renewable project developer Sunzil to supply 65 7 kWh lithium battery for integration in 5 kWp PV panel/200 liters solar powered boiler systems in French island Martinique.
5. In Germany, “Due to the windy weather, one wind power record is following another, the Renewable Energy Industry Institute Münster (IWR) informed. The wind power record set in December 2014 has already been broken on Friday 9 January 2015 when wind power plants with a capacity of almost 31,300 MW were generating electricity for some time in the afternoon, IWR said”