Ford Motor Company’s entry into the “fiercely competitive” energy storage market is a “big strategic pivot,” but one that makes sense, ESN Premium has heard.
Utility Origin Energy has hired Wärtsilä to expand its battery storage installation at the Eraring coal power plant site in New South Wales, Australia.
South Korea’s Samsung SDI has signed its first US lithium iron phosphate (LFP) cell deal, while Chinese integrator Trina Storage has expanded an existing supply partnership.
The recent introduction of 15-minute settlement periods across European power markets could result in significantly higher profits for battery storage asset operators.