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NEWS – DEALS
DEALS IN BRIEF
ARENA pledges A$10m Equinor, Hanon make ABB and Rolls-Royce
to DER firm in Australia five-year investment team up for microgrid
The Australian Renewable Energy pledge to Volta Energy deployment partnership
Agency has committed A$10 Equinor and Hanon Systems Technology giant ABB and automo-
million ($7 million) in funding to have made a five-year investment tive OEM Rolls-Royce will offer
Australian energy tech company agreement with energy storage microgrid solutions for utilities,
GreenSync to help it deploy its investment firm Volta Energy commercial and industrial applica-
Decentralised Energy Exchange Technologies, the US firm tions following a global partnership.
(deX) software platform. announced on March 26.
The open access software Magnis unveils term sheet
platform allows behind-the-meter RDIF and Aggreko sign
energy assets to be registered and to build US gigafactory
visible to grid operators. strategic partnership to Australian graphite mining firm
The deX system allows develop microgrids Magnis Energy Technologies
residential and commercial-based The Russian Direct Investment announced on March 13 that
energy assets and appliances Fund, Russia’s sovereign wealth Imperium3 New York — the
such as solar, batteries, smart fund, and energy storage firm consortium in which it has a 47%
air conditioners and hot water Aggreko announced an agreement share — had signed a term sheet
systems to bid for grid services on March 20 to cooperate on the for $52 million in funding via a
such as frequency control and development of microgrids. pre-issued European bond used to
provide energy for the wholesale fund renewable energy projects.
market.
GS Yuasa re-organizes
operations to focus on
energy storage markets
A restructuring of Japanese
battery maker GS Yuasa’s United
States business operations in
the states of Pennsylvania and
Georgia became operational Fully continuous
from April 1.
electrode slurry
Saft signs JV deal with production.
TET to expand lithium
battery activity in China The Bühler fully continuous mixing
French battery firm Saft, a process for LIB electrode slurry
subsidiary of Total, announced production meets the requirements
on April 4 it had a 40% stake of large scale battery manufacturing
in a joint venture with Tianneng and provides various benefits
Energy Technology, a subsidiary compared to conventional batch
of the Chinese privately owned mixing.
Tianneng Group, to ramp up – 60% lower investment costs
production at its Changxing – 60% lower operating costs
lithium ion gigafactory. – consistent product quality
Got a question? Let’s talk about it.
Statkraft and RedT gdnorthamerica@buhlergroup.com
announce partnership
Norwegian renewable energy firm
Statkraft and vanadium redox
flow battery company RedT
announced on March 25 they
would provide behind-the-meter
solar and energy storage projects,
initially up to 10MWp of solar
and 6MWh of energy storage, Innovations for a better world.
scaling to 10 times that number
over three years.
www.energystoragejournal.com Energy Storage Journal • Summer 2019 • 17
ESJ_2019_Spring.indd 1 2/6/2019 8:37:08 AM
