Caribbean Utilities Company begins BTM residential storage pilot
The residential battery project calls for Electriq Power to deploy its battery in 10 Grand Cayman homes and to manage these behind-the-meter systems as a virtual power plant (VPP), with installations being carried out by local contractors. The Cayman Islands energy policy requires 70% of electricity to come from renewable energy sources by 2037.
PRESS RELEASE 20-MEGAWATT ENERGY STORAGE PROJECT
GRAND CAYMAN, CAYMAN ISLANDS: 16 September 2019. OfReg has today announced that it has approved a 20 -Megawatt (MW) utility -scale battery energy storage project for CUC, paving the way for annual consumer savings of approximately CI$5
Cayman Islands utility orders first BESS
September 29, 2022: Finnish technology group Wärtsilä said on September 26 it had been selected to supply two lithium iron phosphate BESS units for the Cayman Islands by the Caribbean Utilities Company (CUC) — the utility''s first energy storage facilities.
Swiss Life enters German utility-scale energy storage market
Swiss Life Asset Managers has acquired a 50% stake in BCP Battery Holding, a company with several utility-scale battery energy storage system (BESS) developments in Germany. BCP Battery Holding is a newly-formed platform which, concurrent with Swiss Life''s investment, has acquired a portfolio of 220MW of BESS projects in Germany from