January 15th, 2016
This week’s TOP 5 includes the potential acquisition of Gildemseister by American Vanadium, the completion of AES’ battery storage project in the Netherlands and in Ireland, the completion of Sumitomo’s 60MWh vanadium redox-flow battery in Japan, a 12.5MW project in PJM by Axion Power and a 300kVA / 640kWh project in the UK by RES.
- « American Vanadium Corp. has entered into a Letter of Intent (LOI) to acquire DMG MORI’s wholly owned subsidiary, GILDEMEISTER energy storage (GES), manufacturer of the CellCube vanadium flow energy storage system. »
- AES announced that both the 10MW Kilroot facility in Ireland and the 10MW facility in the Netherlands are now operational and providing services to the grid.
- HEPCO and Sumitomo announced the completion of the 15MW / 60MWh Vanadium redox-flow battery on the island of Hokkaido. The facility will now enter a test phase for a duration of three years.
- Axion Power International has filed an interconnection application with PJM interconnection and is seeking regulatory approval to deploy a 12.5 MW advanced lead acid battery in order to provide frequency regulation services.
- RES has announced that it will be working on a 300 kVA/640 kWh energy storage system in Somerset, U.K. The battery will be supplied by BYD and installed alongside a PV power plant. The project is estimated to cost £1 million.