Canada-based firm Moment Energy has secured UL 1974 certification for second life energy storage production, the first in North America to do so, the company said.
The transferability provisions under the Inflation Reduction Act (IRA) in the US “will unlock billions” in capital for clean energy, said financing firm Evergrow as it claimed the first tax credit transfer transaction.
Malaysian manufacturing firm Leader Energy has tied up with BASF Stationary Energy Storage to develop long-duration energy storage projects in southeast Asia using the sodium-sulfur battery technology of NGK.
Four battery energy storage system (BESS) units at a Microsoft data centre in Sweden from Saft have entered operation, while ABB has added ZincFive as a technology supplier for its own UPS solutions.
Developers Innova and Banks Renewables have progressed two large-scale battery energy storage system (BESS) projects in the UK totalling 3.7GWh of capacity.
Developer Hexagon is talking to investment bankers with a view to selling a portfolio of battery storage projects in the ERCOT, Texas market, totalling 2GW.
EVLO Energy Storage, a battery energy storage system (BESS) integrator and manufacturer, has been selected to provide 4-hour duration battery storage solutions to three projects in Ontario, Canada.
Multiple tenders seeking gigawatts of ‘firm and dispatchable’ renewable energy have been launched in India in recent months by state-owned or administered enterprises.
Northvolt intends to use its vertical European supply chain to differentiate itself in a ‘fiercely competitive’ energy storage market, executives said.
