India has held its first auction for a utility-scale PV project combined with an energy storage facility. The local company Mahindra Susten won with their bid of 2.99 billion IDR (46 million USD).
Anesco is the first company to secure a Renewable Obligation Certificate in the UK for its solar+storage sites. This confirms that renewable energy storage is clearly gaining importance in the country.
Millions of U.S. businesses could save money by storing energy, as this would lower the impact of the very common high demand charges that are often applied for commercial customers. This is the result of a recent study by NREL.
Until end of May, Czech companies can apply for funding if they are planning a PV installation with a storage option. This is meant to increase the available storage capacities, as 5 kw/h of battery storage is required for every kilowatt of PV power.
The UK has a remarkable potential for energy storage. However, for it to become usable, new policies need to be established to make the market more storage-friendly.
Energy storage will play a big part in the energy transition: A report by IHS Markit finds that global grid-connected storage capacity will surge to 21 GWh by 2025.
