Renewables investment and development group Nala Renewables is developing four new battery energy storage system (BESS) projects in New York state totalling 280MW by mid-2024.
Listed company Shenzhen CLOU Electronics says it has secured a contract with a “famous American energy company” to supply an energy storage system totalling 485MWh in South America.
Investor-owned utility SDG&E is turning its first lithium iron phosphate-based battery energy storage system (BESS) online today, while Stanford university says it has hit 100% renewable electricity with the offtake from Goldman Sachs’ recently-commissioned Slate solar-plus-storage project.
Endesa Generación Portugal, part of Enel, has been award the connection rights to develop a renewable energy project combining solar, wind, green hydrogen and a 168.6MW battery energy storage system (BESS) to replace the country’s last coal station.
It’s been a positive week for thermal energy storage technology, with utility Edison International validating a cold storage solution, a collaboration between two groups to achieve 100% round trip efficiency, and an acquisition involving several intellectual property rights patents.
The government of Kosovo this week announced it will build a battery energy storage system (BESS) with a capacity of 200MWh-plus to deal with the country’s energy crisis.
Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.
A total of 1,613MW/4,727MWh of energy storage was installed in the US in the last quarter of 2021 according to Wood Mackenzie, which says annual residential storage installations will hit 2GW by 2026.
Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).
