Investment firms PASH Global and ERIH Holdings have formed a joint venture (JV) to develop utility-scale solar and battery storage projects in Paraguay.
Swathes of energy storage projects including battery storage and pumped hydro have been approved by the regulator in Greece, as the country prepares for a big battery storage auction.
Hitachi Energy has installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands for utility SEV, with substantial benefits to a connected wind farm.
The power solutions arm of manufacturing firm Volvo Group has expanded into the battery energy storage system (BESS) market, launching a sub-system product initially in the US and Europe.
Huge wind power deployments and the limitations of the existing fleet of pumped hydro energy storage (PHES) are driving the battery storage market in Finland, a local system integrator said.
The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.
ESS Inc ended 2022 with nearly 800MWh of annual production capacity for its iron flow battery, although had a relatively poor last financial quarter with just US$15,000 in revenue.
