China-headquartered energy storage firm Gotion and US power electronics manufacturer Richardson Electronics have partnered to manufacture BESS. It comes at a time when Chinese companies are starting to sell down stakes in US assets amid new FEOC rules.
A total of 4.5GW/12.8GWh of large-scale BESS capacity when into operation around the world last month, with Asia and South America showing strong figures.
We catch up with Ingmar Wilhelm, co-founder and CEO of developer and IPP Galileo, after the firm commissioned its first own-operate renewable energy project.
South Africa’s TSO Eskom and energy storage technology firm Energy Vault have partnered to deploy projects using the latter’s gravity-based technology.
BayWa r.e. will manage and maintain Germany’s largest operational BESS when it comes online later this year, while Terra One has started building a smaller project in the same state.
The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC.
Leading European BESS owner-operators discuss the roles of subsidy schemes, contract revenues and merchant approaches in helping the continent build out its BESS pipeline.
Large-scale BESS projects have been completed or progressed in Bulgaria, Moldova, North Macedonia and Romania, including what is now the largest operational system in the CEE region.