Europe’s residential battery energy storage systems (BESS) market is expected to continue its upward trajectory in the coming years after 745MWh of additional capacity was installed in 2019, representing a 57% increase year-on-year.
Energy storage system integrator and manufacturer Powin Energy has signed a deal to supply its new DC-coupled solutions to developer Amp for projects in the Northeast US.
Energy storage including short duration and seasonal technologies ranging from lithium batteries to hydrogen could help mitigate the impacts of negative power prices in Europe, an analyst has said.
The government of Canada unveiled CA$10 billion (US$7.53 billion) worth of “new major infrastructure initiatives” last week, with the inclusion of energy storage warmly welcomed by trade group Energy Storage Canada.
The government of Western Australia has issued a Request for Information (ROI) for parties interested in working on a 100MW / 200MWh battery energy storage project at the site of a decommissioned power station.
Texas-based Vistra will develop nearly 1GW of solar and storage projects in the next two years as the utility plans to achieve net zero carbon emissions by 2050.
Sonnen founder Christoph Ostermann will be succeeded as CEO by chief operating officer Oliver Koch tomorrow, as the Germany-headquartered energy storage system maker targets its “next growth stage”.
Northvolt has now raised in excess of US$3.5 billion of financing towards its aim of establishing 150GWh of advanced battery manufacturing facilities in Europe by 2030.
