Equity investors have already committed more than US$300 million to lithium battery recycler Li-Cycle’s plan to go publicly-listed through a special purpose acquisition company (SPAC) merger.
While it is better known for putting lithium-ion batteries in phones, tablets and computers, consumer technology company Apple said it is building a 240MWh battery energy storage system (BESS) at a solar PV plant in California.
At the Energy Storage Summit US, a panel of experts discussed the impact of the ITC on the uptake of co-located assets, but also the challenges of operating within its framework.
Funding secured from its main shareholder group will help vertically-integrated energy storage company Leclanché push forward activities in its stationary storage business, CEO Anil Srivastava has said.
The US could see new mines and raw material production "scale up" as demand for battery energy storage systems and grid resilience increases over the next decade, according to Margaret O'Riley, battery, automotive and electrification business recruitment lead for Duke Energy Corporation.
While interconnection queues for America’s electric transmission and distribution operators are “swelling up” with growing numbers of energy storage projects, some of the big challenges ahead include enabling fair market participation for both standalone storage and storage paired with generation.
Concurrent bidding into multiple merchant markets requires ‘dynamic’ appraisal of income and cycling
The opening up of independent system operator (ISO) services as a result of FERC 841 has led to a “huge difference” in storage dispatch strategy for merchant markets with concurrent bidding now the typical strategy.
Wärtsilä’s GEMS energy management system platform has grown alongside the energy storage sector for more than a decade. We caught up with Andrew Tang, vice president of Energy Storage and Optimisation at Wärtsilä Energy to learn about the importance of software for the uptake of energy storage.
News in brief from around the world in energy storage.
The residents of Parlier, a small city in Fresno County, California, are being offered a 20% reduction on their energy bills and reduce the amount of power they buy from utility Pacific Gas & Electric by 90%, by getting solar-plus-storage and energy efficiency equipment installed.
Update 25 March 2021: NGK Insulators responded to a request for more info from Energy-Storage.news and confirmed that the NAS battery storage system will be sited at the 5MW Uliastai solar PV project which is included in the ADB's Upscaling Renewable Energy Sector project for Mongolia.
Europe’s cumulative electrochemical energy storage installation capacity has gone past the 5GWh mark and this year is likely to see installations almost double from 2020’s figures.
Construction has started on what claims to be Australia’s largest hybrid solar and battery energy storage facility.
Two subsidiaries of Wisconsin-based electric and gas company WEC Energy Group have put forward plans for their second large-scale solar-plus-storage project in as many months.
After a recent tender process, up to 1,300MWh of grid-connected energy storage will be deployed in combination with renewable energy in South Africa through a number of large-scale projects.
VW’s US$14 billion Northvolt order is ‘significant’ for battery storage as well as electric vehicles
An order worth US$14 billion placed by carmaker Volkswagen with lithium-ion battery manufacturer Northvolt will have a “significant” impact on the stationary energy storage market, a spokesman for Northvolt has said.