US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.
Executives from Sunwoda, one of the world’s largest lithium-ion battery OEMs, share the latest updates around the company’s grid-scale, residential, and commercial and industrial (C&I) energy storage system (ESS) activity.
CATL, the world’s largest lithium-ion OEM, has given more details around its new battery energy storage system (BESS) product, Tener, including how it claims to have achieved no degradation in the first five years of operation.
A 25MW/55MWh battery energy storage system (BESS) has been commissioned by operator Renalfa IPP, using technology provided by Chinese firms Hithium and Kehua.
Octopus Energy’s head of flexibility discussed its tolling deal with Gresham House for nearly 1GWh of BESS projects, including how they will fit into its VPP portfolio and whether their energy market activity could change under its control.
A renewables-only subsidiary of utility Eneco and developer Energisto have revealed a battery energy storage system (BESS) joint venture in Germany, which expects construction permits for up to 400MWh of projects this year.
A 45MW/90MWh BESS project in the Netherlands will be deployed by developer Dispatch, supplied by system integrator Fluence and optimised by utility Eneco.
System integrator Stem Inc and developer Prometheus Power have deployed the first of three co-located BESS projects in Arizona for utilities in the AEPCO co-operative.
US$5 million will be made available for long-duration energy storage (LDES) projects via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
