Bulgaria’s Ministry of Energy has launched two tenders to add 1,425MW of renewable power generation to the grid and 350MW of battery energy storage system (BESS) projects.
Solar Energy Corporation of India (SECI) has begun the process of tendering for 4,000MWh of grid-scale battery storage which will be supported by government Viability Gap Funding.
The operating capacity of battery storage in the US grew by 7.9GW last year, bringing the country’s total cumulative installed base to 17GW by the end of 2023.
Construction has kicked off at the largest battery project in Australia to date, with a storage capacity equivalent to the entire country’s fleet of projects in construction at the end of 2022.
Eos Energy Enterprises, ESS Inc and Energy Vault have increased their revenues and narrowed losses, according to financial results from the three ‘non-lithium’ energy storage companies.
Sodium-ion battery technology could be the “perfect solution for applications where energy density is not paramount,” according to the chief executive of battery tech company BMZ Group.
