Storage secures 3.2GW of Capacity Market contracts in auction success

Storage projects have landed more than 3.2GW of contracts in the provisional Capacity Market auction results, around 500MW of which has been allocated to new-build battery storage projects.

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Powervault winner unveiled as SPP storage survey uncovers confidence in 2017 market potential

Solar Power Portal and Powervault are delighted to announce the winner of a 4kWh Powervault storage system following a survey which uncovered burgeoning confidence in next year’s UK storage market.

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SolarPower Europe outlines 10 policy priorities for solar & storage

SolarPower Europe is calling on the European Commission (EC) to address both solar power and energy storage in its upcoming Energy Union Package. In light of this, the association’s Task Force on solar & storage has created 10 policy priorities that will need to be considered to develop an appropriate framework for those technologies.

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Third-party project financing found for 12MW of Ontario projects

US-Canadian energy storage project developer Convergent Energy and Power has secured third-party project financing for 12MW of energy storage projects in Canada that will provide grid services.

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GCL-SI to ship another 1,000 residential energy storage units to OSW in Australia

GCL System Integration Technology, a subsidiary of GCL, will distribute another 1,000 of its energy storage units to an Australian wholesale partner One Stop Warehouse (OSW).

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European Parliament makes the case for energy storage regulation

The European Parliament’s committee for industry, research and energy (ITRE) has approved a new report that proposes amendments around electricity storage in the proposed ‘Winter Package’ legislation, due to be finalised in December.

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India’s SECI issues RfS for 200MW solar and storage in Karnataka

Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) document for the tendering of 200MW of grid-connected solar PV to be deployed alongside utility-scale battery storage in the state of Karnataka.

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Gaelectric gains €8.3 million EU funding for CAES project

Gaelectric’s compressed air energy storage project in Northern Ireland gets €8.3 million EU funding to start drilling.

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Gaelectric gains €8.3 million EU funding for CAES project

Irish energy storage firm Gaelectric has been awarded an additional €8.28 million in European Union (EU) funding for its compressed air energy storage (CAES) project in Northern Ireland. The funding comes from the EU’s Connecting Europe Facility (CEF). Gaelectric’s 330MW CAES project, near the port town of Larne in Northern Ireland, will store energy in […]

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Tesla confirms US$2.6 billion all-stock buyout of SolarCity

Tesla Motors’ possible acquisition of leading US residential PV installer SolarCity has been sealed with an all-stock transaction valued at around US$2.6 billion.

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Tesla opens up Gigafactory for first look

Tesla’s second Master Plan will be mostly funded by sales of its vehicles, particularly the new electric vehicle Model 3, chief executive Elon Musk said during a soft launch of the enormous ‘Gigafactory’ in Nevada on Tuesday. He told reporters that the upcoming Model 3 could generate US$20 billion revenue per year with roughly US$5 […]

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