Norwegian lithium-ion battery gigafactory group FREYR has signed a conditional offtake agreement with energy storage system integrator Powin Energy totalling 28.5GWh over six years.
Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.
Independent Power Producer (IPP) Innergex Renewable Energy has ordered two battery energy storage system (BESS) projects from Mitsubishi Power Americas for co-located sites in Chile, South America.
New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.