Energy storage news - March 5th, 2021
This week’s TOP 5 features news about the recent clearing of National Grid's capacity auction, the large battery project to be installed in the Philippines by Aboitiz Power, the approval of a new subsidy dedicated to renewable-plus-storage plants in a Chinese province, the collaboration between IPTO and Sunligth to deploy a 20 MW battery solution in Greece and the start of a 64 MWh battery project's construction in the UK.
- A total of 17 grid scale battery storage assets were awarded in UK's National Grid last capacity auction, representing a total of 115 MW of de-rated capacity.
- Aboitiz Power announced its plans to deploy a 49 MW battery storage system on a floating oil-fired plant in the Philippines, using Wärtsilä's solution.
- China's Qinghai province has approved the creation of an energy storage subsidy applicable to the energy sold by hybrid projects.
- The Greek system operator IPTO has signed an agreement with Sunlight to install a 20 MW battery storage pilot project in Thiva.
- Construction works started on the Contego 68 MWh storage system jointly developed by Harmony Energy and FRV.