More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.
We talk to Elli Group, the EV infrastructure and utility arm of automotive OEM Volkswagen, about its new second life energy storage and energy trading ventures.
By the end of 2022, US co-located renewable and energy storage projects totalled 41GW of generating power and 5.4GW/15.2GWh of energy storage, according to Lawrence Berkeley National Laboratory (LBNL) analysis.
US electric utility Xcel Energy has launched a request for proposals (RFP) for solar and battery storage projects to replace its Allen S. King coal-fired power plant in the US state of Minnesota.
A recent draft final rule on reforms of grid interconnection processes from US regulator FERC has been welcomed by the energy storage industry, although many hurdles still remain.
Since the Inflation Reduction Act, US$270 billion of US clean energy investment has been announced while downstream projects in development have hit 185GW – 80% and 92% higher than four months ago.