Equinor has signed an agreement to acquire a 45% stake of Noriker Power Limited, a UK-based battery storage developer.
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The companies have put a new power generation and storage system into operation that will help to stabilise the grid and support feed-ins of electricity from renewables.
The new flow battery technology works with renewable generation sources such as wind and solar to meet the demand for sustainable energy storage.
Pivot Power has activated Wärtsilä’s 50 MW lithium-ion energy storage system in Kemsley, Kent, UK, to help support the integration of renewable energy into the UK’s National Grid.
The Roaring Hill Energy Storage Project is located in in Fife, Scotland, and consists of 18 battery enclosures.
The project will provide critical support for the UK power grid and long-term reduction of carbon emissions from the power sector.
DNV’s report has identified energy storage as a potential solution to intermittency challenges for grid operation and stability in the APAC region.
The company has signed long-term O&M agreements for two solar PV and battery storage projects in the US.