The spinout and change in ownership of Mitsubishi Power Americas’ energy storage activities into standalone unit Prevalon will make it as ‘nimble and fast-moving as possible’, its CEO said, while not ‘chasing market share for the sake of market share’.
Lithium-ion battery manufacturer CATL has launched its latest grid-scale BESS product, with 6.25MWh per 20-foot container and zero degradation over the first five years, the company claimed.
Norwegian oil and gas firm Equinor has launched its first US BESS projects via 2022 acquisition East Point Energy, with its trading arm Danske Commodities charged with ensuring project returns.
Battery energy storage system (BESS) integrator Fluence will provide 35MW/100MWh of its technology to utility and IPP Engie for a project in the Netherlands.
Virtual power plants (VPPs) in California using technologies including home batteries and demand response (DR) could provide 7.5GW of capacity in ten years’ time, 15% of peak demand, analysis from consultancy the Brattle Group shows.
Irish utility and IPP ESB has received planning consent for a project combining wind and battery energy storage system (BESS) technology in Scotland, UK.