Dominion Energy will pilot the deployment of a novel metal-hydrogen battery, making it the latest new non-lithium technology the US utility is trying out.
Bids have been received by Latvia’s grid operator AST for an 80MW/160MWh BESS project while developers Corsica Sole and Everon will build a 200MW system in Estonia, as the Baltic region prepares to decouple from Russia’s electricity system in 2025.
Energy storage developer Pacific Green has entered the market in Italy, acquiring a 500MW portfolio of BESS projects from developer Sphera Energy Srl which could have a duration of up to six hours.
Another substantial development agreement for battery energy storage system (BESS) projects in Italy has been struck, this time between solar and storage installer Lemon Sistemi and investor Volt ESG.
Wärtsilä’s decision to launch a strategic review of its energy storage & optimisation (ES&O) business, including potential divestment, may be because of its dilutive effect on the broader company’s margins, an analyst told Energy-Storage.news.
Investor EQT Infrastructure has acquired UK clean energy and battery storage developer-operator Statera, the latest in a flurry of deals in the UK market.
The versatility of battery storage to provide a broad range of services makes them “particularly valuable” to virtual power plants (VPPs), according to a senior advisor to the US Department of Energy (DOE).
The US Department of Energy (DOE) has earmarked up to US$3.5 billion of new capital for battery manufacturing, a week after European gigafactory company Freyr announced it would only be scaling in the US for now.
The US’ cumulative battery storage installations reached 14.689GW at the end of Q3 2023, with Texas’ ERCOT market contributing 40% of new additions during the quarter.
