Energy technology company Wärtsilä has announced battery energy storage system (BESS) projects in two new markets for the company, with orders from customers in Chile and Belgium.
Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.
Wells Fargo has closed its first tax equity investment into a solar project paired with battery storage, a large-scale plant being built in New Mexico, US.
A tiny, coral reef-surrounded island in southern Japan will be able to use renewable energy as its main source of power, thanks to a microgrid with battery storage technology at its heart.
Two trial projects have been announced where vanadium redox flow battery (VRFB) energy storage systems will support electric vehicle (EV) charging solutions, one in South Korea, the other in Australia.
The Democratic Republic of Congo (DRC) supplies most of the world’s cobalt, but exporting semi-finished or finished products rather than raw materials would better help the country capture the value of the metal used in high power lithium-ion batteries.
Canadian Solar subsidiary CSI Solar has signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co. Ltd. (CATL) that will focus on energy storage and renewable energy technology.
Around 20 energy storage systems (ESSs) are to be deployed at roadside service stations in the UK where the grid supply isn’t enough for rapid charging infrastructure, the country’s government has said.
Annual residential battery storage installations in Europe passed the 100,000 mark for the first time ever in 2020, reaching a cumulative total of 3GWh capacity.
The US House of Representatives has passed Joe Biden’s Build Back Better act, which now moves to the Senate, where negotiations will continue over the legislation.
