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.
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).
Distributed energy storage company Viridi and developer and financier Good Carbon Co. have announced the deployment of a 3.75MWh energy storage project in Buffalo, New York.