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.
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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.
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.
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.
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.
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’.
When groups of energy storage professionals have got together in recent months, it hasn’t been long before the conversation has turned to the issue of cybersecurity. It’s a topic that’s keeping many in the industry awake at night.
This week, Energy Storage Report’s sister title A Word About Wind has published its European Power List. Released annually, this report looks at the 100 most influential people in the wind industry in Europe, as well as key sector trends. However, this year the report includes something extra.