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.
It was a busy week of news in the UK’s grid-scale energy storage market last week, with BESS projects put into operation by Eku Energy and Harmony Energy Income Trust (HEIT), and projects in the gigawatt-hour scale announced by ESB and Apatura in Scotland.
News from the Nordics and the Baltics, with BESS projects launched in Sweden, Denmark and Latvia by Centrica, Nordic Solar and Niam Infrastructure and Evecon.
Recognition of the role energy storage must play in Europe’s energy transition has been long overdue. Now that it has arrived, the hard work begins, write Julian Jansen and Lars Stephan of system integrator Fluence.
IPP Grenergy and EV and BESS firm BYD have extended a supply agreement for the Oasis de Atacama in Chile, which they claim will have the world’s largest BESS, to 3GWh.
Investor DTEK will build 200MW of battery energy storage systems (BESS) in Ukraine as the country enters its third winter of war with Russia, with continued attacks on its electricity infrastructure looming.
We hear from a managing director at TDK Ventures, investor in sodium-ion BESS company Peak Energy, about the current state and future potential of the technology which most agree is on the cusp of large-scale commercialisation.
Sweden-headquartered lithium-ion technology Northvolt has concluded its strategic review, revealing it is divesting or ceasing non-core activities, sharpening its focus to battery cell manufacturing and reducing its workforce.
Developer LC energy has won an irrevocable permit for a 500MW/2,000MWh battery energy storage system (BESS) in the Netherlands, one of the largest in the country to do so.
