Suppliers of equipment to two landmark battery storage projects in Western Australia have been awarded contracts worth more than a billion dollars from the state’s government.
Geothermal and battery storage firm Ormat Technologies and lithium-ion manufacturer Gotion have agreed a multi-year supply deal totalling up to 750MWh.
Fastmarkets analysts Muthu Krishna and Phoebe O’Hara look at the potential of solid-state and sodium-ion batteries to scale up and ease the pressure on lithium-ion NMC and LFP battery chemistries, which currently dominate the EV and ESS markets.
Global system integrator Fluence has been enlisted by developer Tilt Renewables for a 100MW/200MWh BESS project in Victoria, Australia, the first to deploy the full Fluence product ecosystem, it said.
With the RE+ clean energy expo in Las Vegas, US, coming to an end, we bring you a roundup of the major energy storage product announcements, including from Hithium, Sunwoda and Power Edison.
A dedicated energy storage investment division has been launched by Foss & Company, an investment and investment services firm which specialises in tax credit transactions, with US$3 billion targeted by 2028.