With the RE+ clean energy expo in Las Vegas, US, coming to an end, we bring you a roundup of the major energy storage product announcements, including from Hithium, Sunwoda and Power Edison.
A dedicated energy storage investment division has been launched by Foss & Company, an investment and investment services firm which specialises in tax credit transactions, with US$3 billion targeted by 2028.
Volvo Energy, part of the automotive and engineering company Volvo Group, and UK-based second life BESS firm Connected Energy have signed a letter of intent to jointly develop a BESS solution.
Renewable energy firm Enlight has commissioned two solar-plus-storage projects in Israel in the last few weeks, totalling 71MWh of energy storage capacity.
The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.
Oil and gas major Chevron has performed a U-turn and invested in ACES Delta in Utah, US, one of the largest green hydrogen projects in the world, citing a “change of circumstances” when asked by Energy-Storage.news.
The energy storage market in Italy doubled in capacity in the first half of the year, though Q2 saw the first slowdown in nine quarters and that could be repeated in H2, according to the country’s renewable energy trade body.
