CAISO approves second hybrid resource model to fill transmission shortfalls

CAISO approves second hybrid resource model to fill transmission shortfalls 150 150 Energy Storage Journal

November 26, 2020: CAISO — California Independent System Operators — approved a proposal formally suggested on November 12 and passed a week later that would allow hybrid storage resources to provide energy and ancillary services to the network.  The aim is to contribute to transmission system reliability given that CAISO anticipates a potential shortfall of…

First utility-scale ESS installed in Singapore by Wärtsilä

First utility-scale ESS installed in Singapore by Wärtsilä 150 150 Energy Storage Journal

October 29, 2020: Singapore’s Energy Market Authority has agreed to install the country’s first 2.4MW/2.4MWh utility-scale ESS by the Finnish energy firm Wärtsilä, working with Asian utility SP Group, it said on October 22. The move is another step towards Singapore’s goal to install 200MW of energy storage from 2025. The system will be used…

Singapore to deploy first floating energy storage system

Singapore to deploy first floating energy storage system 150 150 Energy Storage Journal

October 29, 2020: A consortium led by energy firm Envision has been awarded a research grant by the island’s Energy Market Authority and Keppel Offshore & Marine Digital to deploy the first floating energy storage system for Singapore, the EMA said on October 26. The 7.5MW/7.5MWh ‘floating living lab’ will have enough capacity to power…

SER Capital snaps up three battery projects in Texas

SER Capital snaps up three battery projects in Texas 150 150 Energy Storage Journal

October 29, 2020: LG Chem will supply the batteries for three storage projects in Texas that have been bought by private equity firm SER Capital Partners, the investment firm said on October 22. Details of where the storage projects will be located were not divulged, other than describing them as ‘near renewable wind projects whose…

LS Energy takes on top-level staff from NEC Energy Solutions

LS Energy takes on top-level staff from NEC Energy Solutions 150 150 Energy Storage Journal

October 29, 2020: Steve Fludder and Roger Lin have joined LS Energy, the former Energy Grid Tie division of Parker Hannifin now owned by Korean multi-billion-dollar group LS Group, from NEC Energy Solutions, the company announced on October 27. The appointments of Fludder as CEO and Lin as VP of marketing and strategy have been…

Leclanché appoints executive vice president Karl Bohman

Leclanché appoints executive vice president Karl Bohman 150 150 Energy Storage Journal

October 29, 2020: Karl Bohman has been appointed executive vice president of Leclanché’s Stationary Business Unit, which develops large-scale storage projects for developers and utilities, the firm said on October 14. Bohman previously worked as head of business development for Northvolt, the company building the UK’s first battery gigafactory. Before that he spent seven years…

Fluence snaps up Advanced Microgrid Systems

Fluence snaps up Advanced Microgrid Systems 150 150 Energy Storage Journal

October 29, 2020: Energy storage technology firm Fluence said on October 15 it had bought Advanced Microgrid Systems, the digital intelligence platform that provides optimized bidding software for utility-scale storage and generation applications. The purchase is being hailed as a combination that will help utilities and developers optimize their storage assets to make more money,…

Exide Technologies Europe/Asia-Pacific officially a stand-alone business

Exide Technologies Europe/Asia-Pacific officially a stand-alone business 150 150 Energy Storage Journal

October 29, 2020: Exide Technologies now stands alone as a European and Asia-Pacific firm, under new ownership but retaining Stefan Stübing as president, CEO and director. Joe Hinrichs, recently retired as president of Ford Motor Company’s global automotive business, has been appointed chairman of the board. The transaction involved separating the battery manufacturer from Exide…

INTERVIEW: Former Exide CEO Tim Vargo says new firm Stryten is ready to go

INTERVIEW: Former Exide CEO Tim Vargo says new firm Stryten is ready to go 150 150 Energy Storage Journal

October 15, 2020: Former CEO and president of Exide Technologies Tim Vargo has been speaking about the road ahead for Stryten Technologies, the company that was set up when Atlas Holdings bought the bankrupt firm in August. He spoke of a healthy future for the company, with a focus on lead and lithium batteries and…

Russia’s state nuclear agency launches unit to develop lithium batteries

Russia’s state nuclear agency launches unit to develop lithium batteries 150 150 Energy Storage Journal

October 15, 2020: Russia’s State Atomic Energy Corporation Rosatom has launched an energy storage business unit, RENERA, to develop lithium-ion batteries for EVs and emergency power supply, renewable energy and load smoothing, the company said on October 8. RENERA was formed from Rosatom’s TVEL Fuel Company, when it was called Cathode Materials LLC. The agency’s…