The second high-profile battery storage failure due to a faulty sprinkler system could mark the beginnings of exclusions from insurance policies if certain providers develop a negative track record, a source said.
Canadian Solar doubled its energy storage shipments to 1.79GWh in 2022 although expects significant lower growth in 2023 due to transitioning its utility-scale product.
Vertically integrated energy storage company Kore Power is deploying a 41.2MWh BESS for a microgrid in Arkansas, US, with more downstream projects coming soon, president Jay Bellow told Energy-Storage.news.
The European Commission has approved a €103 million (US$125 million) package of direct grants from the government in Romania for battery storage projects.
Developer Spearmint Energy has acquired a portfolio of battery energy storage system (BESS) projects totalling 900MW in the ERCOT, Texas market, set to come online in 2025.
UK utility SSE has put £100 million (US$123 million) into its Coire Glas pumped hydro project in Scotland for pre-construction activities, but said that new policy is needed for it go to final investment decision (FID).
The first phase of a residential battery storage program in the US state of New Hampshire has met all its conditions and saved the utility “more than expected” after an initial 100 units were deployed.
Some 1.9GW of grid-scale battery energy storage was deployed across Europe last year, of which nearly 85% was in UK, Ireland, Germany and France according to research and consultancy LCP Delta.
Battery storage projects at least 1GWh of capacity have been proposed or progressed in Australia by companies Synergy, SkyLab and the Queensland government.
