NYSE-listed battery startup Freyr has pivoted strategy and acquired a 5GW solar module facility in Texas, US, from Chinese firm Trina Solar, the same day that Donald Trump was declared to have won the presidential election (6 November).
CATL is the world’s largest lithium-ion manufacturer, and a major player in BESS too, and made headlines earlier this year when it claimed five years of ‘zero degradation’ for its new grid-scale product Tener.
IPP and energy trader Monsson has kicked off the environmental permit process for a 2GWh BESS project in Romania, which an executive said will use its own patented energy storage solution.
India’s Reliance Industries has completed the takeover of sodium-ion battery company Faradion, while Amazon is set to trial a novel flow battery technology.
System integrator Stem Inc has seen huge falls in quarterly revenue and bookings as it shifts its business model away from BESS hardware solutions towards higher-margin software and service offerings.
Spanish independent power producer (IPP) Grenergy has secured a 1.25GWh energy storage supply agreement with CATL for its Oasis de Atacama project in Chile.
On the first day of All-Energy Australia 2024, held in Melbourne on October 23, Kate Clark, programme manager at Victoria’s Department of Energy, Environment, and Climate Action, stated: “There are many different definitions and types of value that can be generated by community batteries.”
