Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
When the frequency of Ireland’s electricity grid dropped below normal operating range in May, two large-scale battery storage projects stepped in to help within 180 milliseconds, injecting power to help support and stabilise the network.
The stationary energy storage system (ESS) industry will be a significant source of lithium-ion batteries that can be recycled and reused, the head of Finnish state-owned energy company Fortum’s battery business line has said.
Global renewable energy development company Fotowatio Renewable Ventures (FRV) is building its first project to include solar PV and a battery energy storage system (BESS) at the same site, in Queensland, Australia.
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
Update 23 June 2021: LG Energy Solution has said that it was the supplier of battery storage rack equipment to Vistra Energy’s recently commissioned record-breaking project in Monterey County, California.
US Secretary of Energy Jennifer Granholm spoke of the urgent need to create an advanced battery manufacturing value chain at a roundtable event with representatives of industry. Here are some of the key points and takeaways.
Two Chinese energy storage companies have been awarded top-class certifications for safety and technical requirements from TÜV Rheinland, with award ceremonies held earlier this month.
Lack of industrial policy and strategy and vulnerability to supply chain disruption are among the key things holding back the US’ position in global battery manufacturing.
A grid-scale battery storage system will be built at the site of a nuclear power plant in Finland, providing backup in the event of disruption to grid supply.
