Australia’s government has made a AU$100 million (US$66.35 million) investment into the Waratah Super Battery, part of a total AU$500 million capital raise by the project’s developer.
Rondo Energy, which counts Bill Gates’ Breakthrough Energy Ventures among its investors, intends to scale up annual production capacity of its thermal storage tech to 90GWh.
BESS projects in ERCOT, Texas, will be hit by a double whammy of market saturation and new rules around minimum state-of-charge (SOC), as the technology helps the state battle a severe heatwave.
Energy storage assets are versatile, profitable low carbon resources that need the right conditions and guidance to deliver value from the very start of operation. How we look at commissioning can determine the outlook for the asset for a lifetime, write Dr Stephan Rohr, Sebastian Becker and Dr Mathias Simolka from TWAICE.
Alex Thornton, operations director at Harmony Energy, gives us a deep dive into the biggest battery storage project in Europe, including the bold decision to be an early-mover into 2-hour lithium-ion BESS, in a market of much shorter duration assets.
Con Edison has inaugurated the largest battery storage project to date within New York City, making a tiny dent in delivering the US utility’s state-determined commitment to energy storage.
Investing in numerous smaller grid-scale energy storage projects minimises downside risk and can mean getting projects in the ground two years’ quicker, developer Agilitas Energy told Energy-Storage.news.