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Acciona Energia ERCOT Texas qcells

Acciona Energia buys 380MWh ERCOT battery storage project from Qcells

December 14, 2022
Spain-based renewable energy firm Acciona Energia has acquired a two-hour energy storage system in ERCOT, Texas, from Qcells.
European Commission delegation visiting a Fluence battery storage project in Lithuania. Image: Energy Cells via LinkedIn.

Fluence expects EBITDA breakeven in 2024, angles for IRA incentives with product strategy

December 14, 2022
Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.
GE Hydro Solutions turbines at the Jinzhai project. Image: GE Renewable Energy.

GE Renewable Energy installs first turbines at 1.2GW China pumped hydro plant

December 14, 2022
The hydropower subsidiary of General Electric’s renewables business has installed first pair of 300MW turbines at pumped hydro site in China.
sungrow engie chile

Sungrow bags 638MWh order for liquid-cooled BESS from Engie Chile

December 13, 2022
Sungrow will provide a 638MWh liquid-cooled battery energy storage system (BESS) to Engie for a solar-plus-storage project in Chile.

NV Energy revealed as Energy Vault customer for 440MWh US battery storage order

December 13, 2022
Berkshire Hathaway-owned NV Energy has been revealed as the ‘large western utility’ that has ordered a 220MW/440MWh battery energy storage system (BESS) from Energy Vault.
Domestic and international battery manufacturers have been supported by the European Commission's European Battery Alliance to date, but the latest announcements aim to provide a framework to boost industrial competitiveness and accelerate the EU's energy transition. Pictured is a lithium battery cell produced in Sweden by Northvolt, a European startup supported by the Alliance. Image: Northvolt.

European Union in provisional agreement on recycling, carbon footprint regulations for batteries

December 13, 2022
Rules on battery sustainability, performance and labelling will become more stringent within the European Union (EU).
grid booster

Fluence earns US$1.2 billion revenues in 2022 and positive gross profit in fourth quarter

December 13, 2022
Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.
The cover story of PV Tech Power 33 charts industry efforts to bring more manufacturing closer to end markets. Image: Luca D’Urbino.

PV Tech Power 33 out now: solar supply chains, Europe’s need for energy storage and more

December 13, 2022
The Q4 2022 edition of our downstream solar journal, PV Tech Power, includes comprehensive coverage of efforts to diversify the supply chain.
stem inc ercot rex regis

New IPP REX orders first tranche of US$400 million ERCOT BESS pipeline from Stem Inc

December 12, 2022
AI-driven energy storage firm Stem Inc will deliver 40MW of battery storage projects in ERCOT, Texas, for independent power producer REX, the first of US$400 million the new firm plans to procure.
Eskom

South Africa’s Eskom starts building first battery storage system

December 12, 2022
South Africa’s main utility and grid operator Eskom has announced the start of construction of its first battery energy storage system (BESS) with Hyosung Heavy Industries.

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BESS industry starts to diversify away from 20-foot container, back to modular

CATL launches 9MWh ‘two in one’ stacked BESS product in response to transportation weight limits

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Officials in Rockingham County, Virginia, deny Special Use Permit for 600MWh BESS project

Georgia Power begins construction on 765MW of BESS

Tariff uncertainty leads Fluence to lower 2025 guidance as US projects put on pause

EnergyCo grants access rights for 7.15GW of renewables and energy storage in Australia

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