September 23rd, 2016
This week’s TOP 5 includes a 20MW/80MWh project awarded to Tesla by SCE, an initiative by the South Korean government to incentivize the installation of storage together with PV, Engie providing primary reserve to the French grid with a 1MW battery, a roadmap for storage in Massachussets that recommends a procurement target of 600MW and Engie investing in Symbio Fcell.
- Following the gas leak at Aliso Canyon and the energy storage procurement that resulted, SCE awarded a project to Tesla, who will be in charge of building a 20MW/80MWh battery system before the end of the year.
- « The South Korean government will provide incentives to encourage solar power plant operators to set up bulk energy storage facilities. Those who install the energy storage system at their solar power plants will be given additional points on assessment of their renewable energy certificates starting next year »
- Engie is now providing primary reserve to the French Transmission System Operator RTE with a 1MW Li-ion battery installed in Toulouse, in the south of France.
- « The Massachusetts Department of Energy Resources (DOER) has released an energy storage report that provides a roadmap of policy recommendations to grow the energy storage market in the state, including a recommendation for a 600 MW storage procurement target. »
- Engie acquired 20% of French start-up Symbio Fcell in a third round of investment. Symbio Fcell invented a range extender for electric car that uses fuel cells and hydrogen. The transaction amount has not been disclosed.