The global energy storage market will see a decade of sustained, rapid growth and reach 3.1TW cumulative capacity by 2036, according to BloombergNEF (BNEF).
In recent North American sodium-ion news, Hithium is entering the Canadian market with two BESS solutions, while Peak Energy has closed a Series B financing round led by GM.
As demand for battery storage soars, the European Union (EU) has tried to grow its local battery supply chain with mixed success so far, writes PV ESS analyst Charlotte Gisbourne.
BESS investments in the French market are moving to longer durations with saturation expected to hit the secondary reserve market, currently the main way operational projects make their money.
Science safety leader UL Solutions has announced a new certification pathway intended to help manufacturers of modular direct current (DC) battery energy storage systems (BESS).
Although relatively new to the energy storage space, pressure-sensitive adhesive (PSA) tape is used for protection, security and flexible configuration of equipment in many industries.