Energy Storage news - October 2nd, 2020

Posted 12 Oct | Top 5

This week’s TOP 5 features news about the go-live of a new ancillary service in the UK, signing of an agreement for a 200 MWh battery storage system in California, end of construction works for a massive 203 MW storage installation in China, results of an innovation renewable tender in Germany and the remarkable fundraising led by Northvolt for its gigafactory project.

 

  1. The first Dynamic Containment service auction was held by National Grid ESO, awarding 90 MW of storage for an average price of 14.5 £/MW/h.

  2. EDF Renewables inked a storage agreement with CleanPowerSF to add a 200 MWh battery to the Maverick 6 Solar Project in California.

  3. A 203 MW battery storage system has been commissioned by Sungrow in the Qinghai province, in China.

  4. A German innovation tender awarded an average market premium of 45 €/MWh to 27 solar-plus-storage projects.

  5. Swedish battery supplier Northvolt raised 600 million US dollars with the objective to reach 150 GWh of manufacturing capacity by 2030.

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