July 14th, 2017
This week’s TOP 5 includes the formation of Fluence, the AES / Siemens joint-venture dedicated to energy storage, the award of a contract for a 100 MW / 129 MWh storage project in South Australia to Neoen and Tesla, a successful round of funding for Advanced Microgrid Solutions, the completion of a 2 MW storage system in California and a partnership between Enel and Amber Kinetics.

Top 5 

  1. AES and Siemens are forming a joint venture named Fluence to serve the energy storage market. Siemens’ storage activities and AES Energy Storage will merge into the new company.

 

  1. Tesla and French developer Neoen will build the world largest Li-ion battery in South Australia. According to Elon Musk’s promise, the 100 MW / 129 MWh system will be built in 100 days.

 

  1. Advanced Microgrid Solutions has raised a $34 million Series B round from some key utilities and corporate investors, among which Macquarie capital, GE Ventures and AGL.

 

  1. Glendale Water & Power installed a new 2 MW battery energy storage system next to the newly upgraded Grandview Substation. Batteries were provided by Saft.

 

  1. Enel will test Amber Kinetics flywheels in California. If the first phase goes well, Enel could purchase a 40 kW / 160 kWh system to Amber and install it at one of its thermal plants.