Supply chain risk platform Infyos discusses its research into forced and child labour in the battery supply chain, suppliers risk of exposure to it and what business risks that could entail for those in the ESS industry – particularly around the EU Batteries Regulation.
The decision to slash energy storage de-rating factors for the next capacity market auction in Poland will not be the death knell of the market, and may actually have some positives, project developers and IPPs said.
Flexibility will be a critical piece of the grid of the future and energy storage will play a central role in that, keynote speakers said at Solar Media’s Energy Storage Summit Central and Eastern Europe (CEE) 2024 today.
Real estate developer ERNE Gruppe and architecture firm FlexBase are hoping to start construction on a data centre project in Switzerland next year, which will include a ‘non-flammable and non-explosive’ 500MW energy storage unit.
The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.
Investor Return has acquired an energy storage development platform in Germany, Swedish optimiser Flower has bought another large-scale BESS project, while Romania’s CIS Group has revealed a flurry of solar and storage projects.
Three-quarters of the lithium-ion battery supply chain could have exposure to forced labour, contravening US and EU laws and potentially leading to products being blocked from those markets, a report said.
Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.
