Total demand for energy storage between this year and 2030 could be close to 1TWh worldwide, according to analysis from Wood Mackenzie Power & Renewables.
Renewable energy company Arevon has acquired its first project since being spun out from asset management firm Capital Dynamics, a large-scale solar-plus-storage plant in California.
Global equipment manufacturer Caterpillar has supplied hybrid energy solutions technology including 7.5MW of battery storage to the microgrid powering a gold mine in the Democratic Republic of the Congo (DRC).
Eos Energy Enterprises, the NASDAQ-listed US manufacturer of zinc-based battery storage technology, has secured an equipment financing deal that will aid its efforts to increase manufacturing capacity.
Research firm IHS Markit has said that 2021 marks the start of a continued period of rapid growth for the global energy storage industry, forecasting more than 12GW installations in total this year.
A 200MWh battery energy storage system (BESS) project in Australia has been awarded to New HOrizons Ahead (NHOA), the rebranded energy storage and e-mobility solutions company formerly known as Engie EPS.
After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.
