Bill Gates-founded Breakthrough Energy, The European Associate for Storage of Energy (EASE), Solar Power Europe and Wind Europe have together called on the European Commission to recognise energy storage’s crucial role for the security of energy supply in Europe.
Battery energy storage is load shifting up to 6GWh a day on the California ISO (CAISO) grid, storage sector manager Gabe Murtaugh told Energy-storage.news, as the operator considers a market design change linked to batteries’ state of charge (SoC).
Energy storage system (ESS) provider Tesvolt says that it saw 195% year-on-year growth in orders during March, as businesses seek to reduce their dependency on fossil fuels especially in light of the Russian invasion of Ukraine.
Global system integrator Fluence has acquired AI-enabled, renewable energy software-as-a-service provider Nispera, tripling its digital portfolio of assets contracted or managed since February to 15GW.
Solar PV inverter manufacturer Sungrow has signed a 253MWh battery energy storage system (BESS) contract with Doral Renewable Energy Resources Group, its third in Israel this year.
Vanadium flow battery supplier Invinity Energy Systems has signed a memorandum of understanding with the power and industrial systems arm of Korean conglomerate Hyosung Corporation to commercialise its batteries in South Korea and elsewhere.
Zinc battery energy storage system provider Eos Energy Systems finished 2021 with an order backlog of US$148.7 million and a net loss for the year of US$124.2 million.
