The European Union (EU) has launched the Clean Industrial Deal and Affordable Energy Action Plan, which dedicate at least €100 billion towards boosting industry, manufacturing and speeding up the rollout of renewables and energy storage.
The Indian Central Electricity Authority has advised state utilities and all renewable energy implementing agencies to co-locate energy storage systems (ESS) with solar PV in future tenders.
As Europe’s BESS industry matures, project owner-operators are taking on more control – and risk – when it comes to procuring technology and services for their projects.
IPP E energija Group has started building what it claims is the largest ‘private’ BESS project in Lithuania, a few weeks after the Baltic region decoupled from Russia’s electricity grid.
Toronto, Ontario-headquartered Hydrostor has received planning approval for a 200MW/1,600MWh advanced compressed air energy storage (A-CAES) project in New South Wales, Australia.
European lithium-ion OEM Northvolt has sold the division in which its ESS manufacturing plant in Poland sits, as it continues to divest non-core assets amidst its ongoing Chapter 11 bankruptcy.
Community batteries are likely to become another tool in a decentralised energy grid, write Lachlan Hensey and Timothy Shue from Australia’s Yarra Energy Foundation.
