April 8th, 2016
This week’s TOP 5 includes a 20MW battery project contracted by SG&E in California, a large support scheme for residential storage in Canberra, Australia, plans by Sumitomo to release a new version of its redox-flow battery, an agreement between UET and Bushveld Material to develop vanadium redox-flow batteries in Africa and a new partnership by ABB in India to build microgrids with storage.
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- « SDG&E announcedthat it has signed a contract with Hecate Energy Bancroft for a new 20MW Li-ion energy storage facility. This agreement is part of the SDG&E procurements to meet the CPUC mandate requirements»
- « More than 5,000 homes and households will get discounted battery storage under the latest round of capacity auctions for large scale renewables in the Australian Capital Territory. » The financing scheme is peculiar as large scale renewables developers will be subsidizing the installation of residential storage systems.
- « Sumitomo plans to release worldwide this autumn a large-scale storage redox-flow battery system boasting higher capacity in a smaller, cheaper package than its current offering.» Each unit will now have 500kWh of storage capacity.
- « Bushveld Minerals said its energy subsidiary signed a memorandum of understanding with US-based UniEnergy Technologies for a “framework of cooperation” to develop market opportunities for vanadium-redox flow batteries in Africa. »
- « ABB has signed a memorandum of understanding (MoU) with Chennai-based engineering and research organisation, the Indian Institute of Technology Madras to partner on building microgrids and R&D in the battery energy storage area. »