The World Bank has predicted that conflict in the Middle East could lead to a dramatic spike in oil prices, which is linked to increases in food prices - however it's argued that the forecasts do not take into account the ability of energy storage to meet demand
Analysis
Stay up to date with the latest industry news, trends and analysis from the global wind, energy storage and power-to-X markets.
US offshore wind is beset by economic challenges, but this shouldn’t blind the sector to the potential for incorporating green hydrogen production into project plans
Attendees at 'Financing Wind Offshore' in Boston last week were quietly optimistic, even though the Biden administration's target of 30GW installed offshore wind by 2030 now looks out of reach. That positivity will be needed in the year ahead.
The cost of living crisis means more people are considering going off-grid, and a new study shows that energy storage could enable two million family homes in Europe to do just that
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Amp Energy is aiming to take the UK energy storage market by storm. And the company – which develops solar, wind, hybrid, standalone battery storage and green hydrogen projects – has already made its mark.
In January, the first new onshore wind farm in Colombia for 17 years was commissioned. The 20MW Guajira 1 plant brings the country’s total wind capacity to 38MW.
This week, US-headquartered energy storage products, services and digital applications company Fluence announced record revenues. In the second quarter of its current financial year, the company posted a whopping $343 million in revenue, up a massive 249 per cent on the same quarter last year. Momentum is clearly with Washington DC-based Fluence, which is now on course for annual revenue of around $1.1 billion in 2022 after its IPO in October last year.
Richard Heap interviews Sunly CEO Priit Lepasepp about the company’s plans in the Baltics and Poland.
The recent $1.9 billion debt and equity financing of the Gemini solar and storage project in Clark County, Nevada was described as "monumental" by Quinbrook Infrastructure Partners, the owner of the project. It's not hard to see why. It's a deal that has taken years to put together and means construction of the 690 MWac/966 MWdc solar PV and 380 MW/1,416 MWh battery storage project can now begin.
Scott Mackenzie, Head of Asset Management at Swiss asset manager SUSI Partners, has worked in the energy sector for 20 years. Richard Heap caught up with him to discuss the energy crunch, hydrogen and more.
Canada, and the city of Toronto in particular, has proved to be a hotbed of energy storage activity and innovation in recent months. The country – which is ranked 15th in the world in terms of GDP per capita – is home to a number of companies that have been making significant strides in the energy storage market of late including Canadian Solar, Hydrostor, NRStor, Amp Energy and e-Zinc.
Sam Goss, Head of Investments at Octopus Renewables, joined the company in 2014 and has played a key role in its expansion into the wind industry. Richard Heap spoke to him for his views on innovation in the sector.
Energy storage innovation is taking place everywhere around the world, emphasising the fiercely competitive nature of this rapidly evolving industry. The ubiquitous nature of the sector has been clearly demonstrated in recent weeks as investors revealed their intention to back storage projects across the globe.
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Made up of 7,641 islands, the Philippines must contend with its topography if it is to move to a green electricity system.
After an avalanche of nominations, an extensive research process, and much deliberation, Energy Storage Report is delighted to announce the ‘Top 40 Women Leaders in Energy Storage’.