While the demand for third-party battery energy storage system (BESS) optimisation services looks set to grow substantially, challenges for companies specialised in offering those services remain.

Australia’s second largest battery storage facility has been brought into commercial operation by project owner AGL and system integrator Wärtsilä.

Closed-loop pumped hydro energy storage (PHES) has fewer emissions associated with its development, construction and use than other leading options for large-scale energy storage.

The Energy Storage Awards 2023 ceremony takes place in just over a month’s time, with winners selected by a panel of leading judges.

Hithium is in a “complete and comprehensive cooperation” with TÜV Rheinland for the development of its energy storage products in China.

Iron-air battery firm Form Energy has received a US$12 million grant from the state of New York for a 1GWh long-duration energy storage project, whilst Ecolectro Inc, PolyJoule Inc and Urban Electric Power received smaller amounts.

Origis Energy plans to use funding facility to develop 2GW of large-scale solar and energy storage projects in the US.

The domestic manufacturing capabilities of US flow battery providers ESS Inc and Stryten Energy have been celebrated by senior state politicians in Oregon and Georgia respectively.

By the end of 2022, US co-located renewable and energy storage projects totalled 41GW of generating power and 5.4GW/15.2GWh of energy storage, according to Lawrence Berkeley National Laboratory (LBNL) analysis.

Thermal energy storage company Rondo Energy has completed a US$60 million fundraising round from investors including Rio Tinto, Microsoft, Aramco and Energy Impact Partners.