LG Energy Solution acquires former market leader NEC Energy Solutions

LG Energy Solution has acquired NEC Energy Solutions (NEC ES), the NEC Corporation subsidiary focused on energy storage which announced its exit from the industry last year. 

Wins for solar-plus-storage in tender ‘prove energy storage is integral to greener Germany’

Success for project proposals combining solar PV with battery storage in Germany’s latest multiple technology tenders for renewable energy are proof of the importance of energy storage, the managing director of German energy storage association BVES has said.

Metal-hydrogen battery storage startup EnerVenue raises US$100 million investment

Nickel-hydrogen batteries have been used in space for several years, but a California company adapting the technology for storing energy here on earth has raised US$100 million in a Series A funding round. 

Wood Mackenzie: US battery storage deployments worth US$5 billion forecast in record setting year

The US is likely to install record setting amounts of battery storage this year, demonstrating the acceptance the technology has found in the power sector and as an integral part of the clean energy transition. 

Tender opens for Pakistan’s first grid-scale battery storage project

Tendering will open this week for a 20MW battery energy storage system (BESS) pilot project in Pakistan that could help shape the creation of an ancillary services market.

News
September 17, 2021
A Request for Proposals (RFP) has been issued for a 500MW pumped hydro energy storage project at a reservoir in California by the San Diego County Water Authority.
News
September 17, 2021
Stem Inc is developing what it claimed is the first virtual power plant in South America, aggregating behind-the-meter distributed energy facilities in Chile.
News
September 16, 2021
News in brief from around the world in energy storage.
News
September 16, 2021
Convergent Energy + Power has commissioned an industrial battery energy storage system (BESS) project in Ontario which could save the facility owner CA$450,000 (US$356,000) per megawatt on power costs during summer.
News
September 16, 2021
Vistra Energy has welcomed the enactment of clean energy policies in Illinois which the power generation company said will support 300MW of solar and 150MW of battery storage to be built at nine of its coal plant sites. 
News
September 15, 2021
The Senate of Illinois has passed legislation that will commit the US state to reaching 50% renewables by 2040 and 100% carbon-free electricity by 2045.
News
September 15, 2021
Wärtsilä has been awarded a contract to deploy a battery storage system at a gold mine in Australia, marking the company’s first ESS project in the country.
News
September 14, 2021
Investment tax credit (ITC) incentives for energy storage have been included in the US House of Representatives’ chief tax-writing committee, along with extensions to the solar ITC and reintroduction of a solar production tax credit (PTC).
News
September 13, 2021
Lithium battery recycling company Li-Cycle is planning its fourth facility in North America, the company said, as it made its first financial results release since listing on the New York Stock Exchange (NYSE) in August. 
News
September 13, 2021
Behind-the-meter battery storage projects announced last week in California and Ontario will cut electricity costs and carbon emissions for a variety of commercial and industrial (C&I) businesses. 

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