Projects & Applications
The global pipeline of energy storage projects is growing rapidly across a variety of market segments, including distributed, grid-scale, off-grid and second-life projects.
From increasing solar self-consumption, reducing consumption peaks, providing flexibility to the electricity system, to deferring costly investments in transmission and distribution infrastructure, the range of applications which energy storage devices can provide is constantly evolving.
To build a robust business case, however, most storage facilities need to provide several services.
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Korkia expands into offering ‘powered land’ for data centers in Chile
The Finnish company plans to combine access to land and grid connection capacity with new renewable generation, battery storage, and grid infrastructure. Korkia claims it is already moving forward with these types of projects in Chile, although it has not provided details on their locations, capacity, or investment.
Engie and Return extend flexibility agreement for storage in Germany to 400 MW
The contracts are not concluded for individual battery storage sites, but rather for various facilities that are bundled in a Virtual Flexibility Portfolio. Engie and Return concluded the first agreement of this kind in February.
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Entergy, NextEra Energy Resources join forces on 4.5 GW of solar and storage
In the U.S., energy utility company Entergy and the energy provider Nextera Energy Resources have announced a joint development agreement, which the two companies say will accelerate the development of up to 4.5 GW of new solar generation and energy storage projects.
Canary Islands to host hybrid storage project for synchronous grid-forming
Elewit, the tech platform of Spain's Red Eléctrica de España (REE), has revealed plans to build a hybrid storage project in the Canary Islands, featuring an 18.8 MVA virtual synchronous compensator and a 16 MW hybrid solution based on ultracapacitors.
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Volkswagen enters C&I energy storage business with Elli
The Volkswagen Group has announced its entry into a new business segment with its charging and energy brand Elli. It will develop massive industrial battery energy storage systems, including initial 350 MW/700 MWh projects already in its pipeline.
Nova Scotia gold mine could host PV-plus-pumped hydro storage energy hub
A new partnership will investigate the viability of colocating a closed-loop pumped hydro energy storage facility with solar PV at the site of a former gold mine in Moose River in the Canadian province of Nova Scotia. Atlantic Mining, owner of the mine, and Natural Forces, a renewables company with 300 MW of operational capacity in Canada, are optimistic the project will be feasible.
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Australia’s virtual power plant pilot hits right notes for future markets
A West Australian (WA) government virtual power plant technology pilot, Project Symphony, has successfully proven rooftop solar, batteries and major appliances can play an integral role in the state’s energy transition and create $920 million in value over the next decade.
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