The European Union’s Battery Passport, which will make all of the components of devices placed into the market traceable, will be a useful tool for investors in energy storage, Energy-Storage.news has heard.
A recent report from the Clean Energy Associates found that system-level defects accounted for nearly half of all defects found in battery energy storage systems (BESS), of which two issues related to increased risk of fire.
Battery energy storage system (BESS) project developer Lion Storage is planning a 364MW/1,457MWh project in the Netherlands for operation in two years’ time.
Brookfield-owned renewable energy developer and operator X-ELIO has partnered with another infrastructure investor to invest in German battery storage developer and system integrator Eco Stor.
Energy storage investment tax credits (ITC) were priced more highly than any other clean energy type in transferability transactions last year, according to a report from tax credit ecosystem Crux which its CEO discussed with Energy-Storage.news.
A roundup of US battery storage project financing news from this week, with deals struck by SMT Energy and UBS, Plus Power, as well as CleanCapital and Available Power, covering over 1GW of projects.
The first energy storage asset built using Wärtsilä’s new Quantum High Energy battery energy storage system (BESS) solution will be a 300MW/600MWh project in Scotland, UK.
