UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.
US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.
Sweden-based developer Sustainable Energy Solutions Sweden (SENS) has signed a long-term land lease for a 15MW PV, 50MW battery energy storage system (BESS) project.
Arizona Electric Power Cooperative (AEPCO) has received board approval to deploy a solar-plus-storage project with up to 940MWh of capacity, after two smaller co-operatives completed smaller co-located projects in the state.
The energy storage division of global solar PV manufacturer Trina Solar has debuted its Elementa 2 battery energy storage system (BESS) solution at All-Energy Australia.
Only half of the energy storage needed to properly integrate the potential solar PV additions globally by 2030 will be deployed based on current policies, the International Energy Agency (IEA) said in its World Energy Outlook report for 2023.
Successful optimisation of batteries co-located with wind is complex but could help “unlock a blueprint” for managing assets at portfolio level, the chief executive of UK software company Arenko has said.
Australia’s National Electricity Market (NEM) has been handed the title of “most volatile electricity market” in the world, with an urgent need for energy storage to mitigate that volatility.
Hitachi Energy has acquired Spanish power electronics and energy management system manufacturer Eks Energy (EKS) from battery storage system integrator Powin.
