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Lithium carbonate prices mine Bolivia

Lithium industry needs US$116 billion to achieve 5.7x ramp-up for 2030 goals

August 8, 2023
The lithium industry needs US$116 billion of investment to achieve the 5.7x ramp-up in production needed for 2030 decarbonisation goals, and prices may remain ‘tight’ in the coming years.
germany energy storage news roundup

Germany roundup: Tesvolt, Wirsol with 10MW+ projects, second life firm Voltfang raises €5 million

August 8, 2023
An energy storage news roundup from Germany, including 10MWh-plus projects from Tesvolt and Wirsol Roof Solutions and a €5 million fundraise by second life firm Voltfang.
Representatives of the companies as the agreements were signed, standing with Indonesia Coordinating Ministry for Maritime and Investment Affairs Deputy for Infrastructure and Transportation Coordination, Rachmat Kaimuddin (third from left). Image: Vena Energy

Suntech, Powin and Rept Battero sign up for Vena Energy’s Indonesia clean energy ‘hybrid megaproject’

August 8, 2023
Framework agreement signed between developer Vena Energy and suppliers to a cross-border clean energy ‘hybrid megaproject’ in Indonesia.
offshore wind new jersey leading light wind

Leading Light Wind NJ offshore wind proposal includes 253MW BESS option

August 7, 2023
A large offshore wind project proposal in New Jersey, US, by Leading Light Wind includes an option to include a 253MW battery energy storage system (BESS).
European Commission delegation visiting a Fluence battery storage project in Lithuania. Image: Energy Cells via LinkedIn.

Contractor hired to provide maintenance on Fluence’s 200MWh Lithuania projects

August 7, 2023
Enersense International has been enlisted to provide maintenance services on four battery storage projects in Lithuania deployed by Fluence.
Schematic of the BESS business, with three Hitachi departments/subsidiaries involved. Image: Hitachi.

CATL joint venture orders Hitachi Energy BESS for grid-scale project in Japan

August 7, 2023
Construction is set to begin on a battery storage project in Japan through JV involving CATL with utility Shikoku Electric Power.
stem inc ercot rex regis

Stem Inc grows revenue 39% in Q2, reduces EBITDA loss

August 7, 2023
Energy storage system and services firm Stem Inc grew revenues to US$93 million in the second quarter of 2023, and reduced its EBITDA loss by 15% to US$8.5 milllion.
Australian energy minister Chris Bowen (left) visiting battery storage manufacturer Gelion's premises. Image: Gelion.

Australia seeks public input on tenders for dispatchable renewables generation and storage

August 7, 2023
Australia has opened a public consultation for scheme widely expected to be a game changer in rollout of clean energy technologies.
arizona plus power srp avondale bess project 1gwh
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Tennessee county enacts 6-month moratorium on battery storage development

August 3, 2023
Development of grid-scale battery storage has been halted in Jefferson County, Tennessee, after a ruling by County Commissioners.
nomad kore power mobile

Kore Power’s Nomad wins DOE grant for resiliency projects in rural Vermont

August 3, 2023
Mobile energy storage firm Nomad has won a US$9.5 million DOE grant to deploy its product in rural communities in Vermont, US.

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Georgia Power announces 2025 RFP for 500MW of BESS

US annual battery storage installations ‘will not reach 2025 levels again until 2029’: Wood Mac

Peak Energy, Phenogy deploy sodium-ion BESS projects in US and Europe

US tariffs on Chinese battery suppliers could trigger global ‘race to the bottom,’ Prevalon CEO warns

Rept Battero signs agreement in US to supply 3GWh of BESS to Energy Vault

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SPP utility to invest over US$600 million in 1.9GWh BESS projects to address ‘significant capacity deficit’ 

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