EDF Energy is working in partnership with green energy tech company Nuvve on the project.
Month: October 2018
The project is also benefitting from a USD1m grant.
The PPAs are for 45MW/180MWh of storage. COD is 2021.
The four projects will add 567.5MW of storage to PG&E’s capacity.
Development work at the NorthVolt battery manufacturing facility in Sweden would help drive down battery costs further in future.
The two projects provide services to the PJM Interconnection and are scheduled to be operational in 1Q 2019.
The new fund is seeking to raise GBP500m.
The figure includes a contracted 110MW battery facility for healthcare company Kaiser Permanente.
Pivot’s second site to achieve planning approval is on the outskirts of Carlisle, in the north of England.
The Irish battery energy storage market is picking up pace nicely since a competitive tender process for frequency response and balancing services was announced last month. In particular, the six-year contracts on offer are attractive to storage developers at a time when other markets are moving towards shorter term revenue streams.