Four-hour battery storage is less expensive than open-cycle gas turbines in the 43 markets in which both technologies were modelled, according to a new report from market research firm Wood Mackenzie.
Energy storage is becoming an indispensable new-type power system infrastructure, CATL CEO and chairman Robin Zeng said in an industry speech last week.
Alberto Valenzuela discusses ahead of Energy Storage Summit Latin America about Mexico’s growing interest in renewables and energy storage, and the factors driving this growth.
Power group Engie has put an 142MW/802MWh BESS project in Chile into operation, while IPP Grenergy has secured financing for the fifth and final stage of its Oasis de Atacama solar-plus-storage project.