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LG Electronics chooses Fractal EMS for commercial battery storage market segment
June 27, 2022
LG will use an energy management system developed by Fractal EMS for commercial and industrial energy storage systems in the US market.
Sunlight Group bags US$290 million in loans
June 27, 2022
Greece-based battery manufacturer Sunlight Group has received €275 million (US$290 million) in loan financing to expand production and research.
Google’s 24/7 carbon-free energy deal for its California offices ‘could be replicable model’
June 23, 2022
Carbon-free energy deals signed by Google and a California community energy group could be a widely replicable model.
Ontario can leverage energy storage to lower costs for all electricity customers
June 22, 2022
Maximising revenue streams for energy storage at distribution network level could have a positive impact for the energy system of Ontario.
Australian projects trial benefits of distributed neighbourhood and flow battery energy storage
June 21, 2022
The government of Victoria, Australia, has opened a round of funding for ‘neighbourhood-scale’ battery storage.
New York grid operator says wholesale market will drive investment in energy storage
June 20, 2022
There could be nearly 13GW of energy storage on the grid in New York by 2052, according to the state’s grid operator NYISO.
Western Australia invests A$3.8 billion to manage coal to renewables-plus-storage transition
June 17, 2022
Western Australia will retire its two state-owned coal power plants by 2030 and invest in renewable energy and energy storage.
US grid-scale storage hit with delays in Q1 2022, but solar tariff waiver will help
June 16, 2022
US energy storage industry is going strong despite delays due to supply chain issues, interconnection queue waiting times and other factors.
European battery energy storage deployments ‘set to plateau over 2024-27’ over lithium scarcity
June 15, 2022
European battery energy storage deployments are expected to plateau over 2024-27 due to lithium-ion scarcity whilst the continent will need 200GW by 2030 to accommodate additional renewables, according to a new report and webinar.
Diversifying energy storage is vital for the global industry’s health
June 15, 2022
The battery industry is at risk of falling into the trap of becoming too dependent on a single ingredient.
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