Battery storage plays an important role in adding resilience to energy networks. But it should also be remembered that natural catastrophes can affect BESS resources too, writes Ross Kiddie of bespoke battery insurance company Altelium.
Geothermal and battery storage firm Ormat Technologies and lithium-ion manufacturer Gotion have agreed a multi-year supply deal totalling up to 750MWh.
Fastmarkets analysts Muthu Krishna and Phoebe O’Hara look at the potential of solid-state and sodium-ion batteries to scale up and ease the pressure on lithium-ion NMC and LFP battery chemistries, which currently dominate the EV and ESS markets.
Global system integrator Fluence has been enlisted by developer Tilt Renewables for a 100MW/200MWh BESS project in Victoria, Australia, the first to deploy the full Fluence product ecosystem, it said.
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.