August 11th, 2017
This week’s TOP 5 includes the sell of AESC (the Nissan – NEC joint venture) to a Chinese private equity group, the kick-off of Queensland energy storage auction, Nidec being awarded a contract for the installation of a 5 MW / 5 MWh storage system in Martinique, a 1 MW / 4 MWh project in Arizona and a partnership between an insurance company and Vanadium redox-flow manufacturer VionX.
- Nissan and NEC sell their stakes in Li-ion battery manufacturer AESC to GSR Capital, a Chinese private equity group.
- “The Queensland Labor government has kicked off its large-scale energy storage auction, calling for early registration of companies wishing to tender for the installation of up to 100MW of energy storage before 2020, alongside 400MW”
- Nidec ASI has been awarded a contract for the installation of a 5 MW / 5MWh energy storage system on the French island of Martinique, to be coupled with a 14 MW wind farm.
- Arizon Public Service will purchase a 1 MW / 4 MWh system to AES. The project will allow APS to avoid investing in a new distribution line in a hilly region.
- Vanadium flow battery manufacturer VionX teamed up with New Energy Risk to create an insurance policy that covers the technical performances of the energy storage systems.