Substantial growth in China’s domestic energy storage market has led to locally-based players Sungrow and Hyperstrong becoming top five system integrators globally, S&P Global Commodity Insights said.
Advanced compressed air energy storage (A-CAES) technology firm Hydrostor has signed a binding agreement with mining firm Perilya to progress the construction of a project in New South Wales, Australia.
The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).
Netherlands-based developer Giga Storage has announced its first project outside home turf, with a 300MW/1,200MWh transmission-connected BESS planned in neighbouring Belgium.
The European renewable energy IPP arm of Korean conglomerate Hanwha Group, Q Energy, has started building one of the largest battery energy storage system (BESS) projects in France.
