Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

As distributed energy resources such as residential solar rooftop increase in the next decade, aggregation into virtual power plants could save US utilities up to US$35 billion, according to The Brattle Group.

The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.

Israel-based thermal energy storage firm Brenmiller Energy has inaugurated a factory targeting 4GWh of annual production capacity by the end of 2023, the first such gigafactory anywhere, it claimed.

NHOA is on track to achieve a targeted 10x growth in its business, but will require funds from its parent company to complete the task.

Ben Lincoln from IP Firm Potter Clarkson discusses applying artificial intelligence and machine learning to energy storage technologies.

Clean energy trade bodies ACP, ACORE and SEIA have denounced an attempt by Republicans to roll back the Act, which has spurred unprecedented investment in the US market.

LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a “new growth engine” for the South Korean manufacturer.

German telecommunications firm Deutsche Telekom has place its second battery storage order this year, for 60MWh of systems from Intilion.

Utility Xcel Energy has launched a ‘no money down’ resiliency offering for commercial and industrial (C&I) customers in Minnesota.