Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.
A fire at PG&E’s Tesla-supplied Elkhorn Battery energy storage system at Moss Landing is considered fully controlled and road closures and shelter-in-place advisories have been lifted.
US solar and storage EPC and O&M company Borrego has entered into a master supply agreement (MSA) with Gotion High-Tech for the latter’s DC block battery energy storage equipment, starting in 2023.
Battery energy storage system integrator Powin has acquired EKS Energy, a provider of advanced power electronics and energy management solutions for energy storage and renewables.
Developer Terra-Gen has closed US$969 million in project financing for the second phase of Edwards Sanborn Solar-plus-Storage facility in California, which will bring it to 3,291MWh of energy storage capacity.
Australian mining group BHP will use a 45MW solar, 35MW battery energy storage system from Alinta Energy to halve emissions at its WA Iron Ore port facilities at Port Headland by end-2024.
Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.
Canadian Solar has launched a utility-scale energy storage product and announced a battery manufacturing capacity target of 10GWh by end-2023, up from 2.5GWh today.
