San Diego Community Power (SDCP) has negotiated three agreements totalling 304MW of energy storage capacity to fulfil part of its long-term energy portfolio.
Battery storage thrives on energy market volatility meaning there will be good years and bad years, a panellist at Solar Media’s Renewable Energy Revenues Summit 2024 said last week.
The European Council has formally adopted the EU’s support package for its clean energy manufacturing industry, the Net-Zero Industry Act (NZIA), amidst mixed fortunes for local battery gigafactory projects.
Real estate development company Gardner has signed an agreement with technology provider Torus to deploy flywheel and battery-based energy storage systems at its commercial properties in Utah, US.
Denmark-headquartered independent power producer (IPP) Ørsted and investment bank JP Morgan have closed a tax equity financing of US$680 million for solar and storage projects in the US.
Some of the current market prices for lithium-ion batteries are below cost and will not last forever but Europe still needs to be more cost-competitive, the CEO of one of Europe’s first large-scale manufacturing facilities told Energy-Storage.news.
The first 4-hour duration battery storage project to be built in Ireland exemplifies both the challenges and opportunities of the country’s growing and evolving market.
Creating a connected Internet of Things (IoT) infrastructure is crucial for improving the efficiency, security and resilience of BESS, claims IoT system and platform provider Advantech.
