We hear from S&P Global Commodity Insights analysts and a former Fluence executive about the major trends shaping the competitive landscape of system integrators in the BESS industry.
European battery company Northvolt has filed for Chapter 11 ‘reorganisation’ bankruptcy in the US, which it said will allow it to restructure its debt to continue scaling the business.
Second life energy storage and BMS firm Element Energy has commissioned the largest project in the world using repurposed EV batteries, it claimed, with LG Energy Solutions (ES) Vertech revealed as a system integration partner going forward.
France-headquartered IPP and utility EDF has secured financial close for the second and third of a three-project BESS portfolio in South Africa, projects that won long-term contracts under the country’s BESIPPPP scheme.
A roundup from a very busy fortnight of UK BESS news, with major project announcements from Field, Cero Generation, Fidra Energy, Sungrow, Green Nation and Low Carbon, as well as ESB and SSE news items from neighbouring Ireland.
We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.
Solar PV and BESS firm Canadian Solar will build a BESS and cell manufacturing facility in Kentucky, in a factory which was recently vacated by metal-hydrogen battery company EnerVenue.
Construction is underway on a 100MWh thermal energy storage project in Finland, using the same ‘Sand Battery’ technology as a 8MWh system which came online in 2022.
System integrator NHOA Energy will provide Spanish transmission system operator (TSO) Red Eléctrica with 140MW/105MWh of BESS for two separate storage-as-transmission projects on the Balaeric Islands.
