Intilion has just tied up with CATL for sodium-ion BESS deployments in Europe, following Alfen’s similar move in July, while Merus Power tells us it is in the process of integrating with the OEM’s new product.
South Africa’s government has put battery storage and power-to-gas technologies at the heart of the national long-term electricity supply and demand strategy.
Finland is the Nordic region’s most-talked-about market for the moment, with project deals and other battery storage development activity from local and international players.
South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.
Annual battery energy storage system (BESS) failures per-deployed-GWh declined 98% globally between 2018 and 2025, as installed BESS capacity grew exponentially.
Samsung C&T’s Australian renewables arm has referred an 800MWh battery energy storage system (BESS) in Victoria’s Gippsland region to the federal government under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
Battery energy storage systems (BESS) in Australia’s New South Wales (NSW) earned an estimated AU$5.63 million (US$3.88 million) in two hours on 12 October, as wholesale electricity prices peaked at AU$23,107/MWh.
Power group Engie has put an 142MW/802MWh BESS project in Chile into operation, while IPP Grenergy has secured financing for the fifth and final stage of its Oasis de Atacama solar-plus-storage project.
Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.
Electrifying low-temperature industrial heat and steam processes with renewables could reduce European Union natural gas consumption by 35 billion cubic metres-per-year, according to a report from the International Energy Agency (IEA).
