Financial commitments into utility-scale battery storage in Australia plummeted to just 13MW in Q3, although roughly ten times as much large-scale storage in megawatts have been commissioned so far this year compared to last.
EDF Renewables has reached financial and commercial close on two virtually-coupled hybrid projects in South Africa, combining wind and solar with a combined 75MW of battery storage.
A vanadium redox flow battery (VRFB) with a 24-hour discharge duration will be built and tested in a project launched by Pacific Northwest National Laboratory (PNNL) and VRFB technology provider Invinity Energy Systems.
AES Andes has received environmental review approval for a 560MW project in Chile converting an existing coal plant to renewable energy and energy storage, using a molten salt-based technology.
Michigan Governor Gretchen Whitmer has signed legislation that sets climate targets for the US Midwest state including a 100% Clean Energy Standard by 2040 and a 2,500MW by 2030 energy storage target.
Global battery storage system integrator Fluence has released its Q4 and full-year results, which included the “transformative milestone” of achieving a positive net profit for the first time, CEO Julian Nebreda said.
Jennifer Downing, senior advisor to the Loan Programs Office at the US Department of Energy (DOE) and author of a recent report into virtual power plant technology, speaks to Energy-Storage.news.
After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.
The UK government has published its ‘Battery Strategy’, setting out measures to facilitate the growth of a domestic battery industry to support the EV and energy storage system (ESS) sectors.
