That’s according to Benedikt Deuchert, head of business development and regulatory affairs for German battery energy storage system (BESS) developer and EPC firm Kyon Energy.
CATL has opened what it describes as the “world’s largest and most comprehensive testing and validation platform for energy storage systems” at its headquarters in Ningde, China.
In this Energy-Storage.news roundup, a collection of battery energy storage system (BESS)-related announcements from NeoVolta, Goshe Energy Storage, Frontier Power USA and Stella Energy Solutions, and Prevalon Energy.
The German network regulator’s decision to maintain grid fee exemptions for battery storage “ensures that billions in private investment remain directed” into the market, Energy-Storage.news has heard.
South Australia’s first Firm Energy Reliability Mechanism (FERM) tender has awarded agreements to six battery energy storage projects totalling 1,334MW and 5,336MWh.