Adopting an “agile working method” without taking any shortcuts on safety or other standards was crucial to DNV testing and certifying a 200MW battery project in Singapore in “record time”.
The collapse of Silicon Valley Bank has raised questions around the availability of capital for the clean energy sector, having been a major actor in the space to-date including with Sunrun, Leap, AES, Cypress Creek and other developers.
Energy storage funds managed by UK-based Gore Street Capital and Gresham House increased their net asset value (NAV) per share in 2022, but by very different rates.
The Netherlands needs 10GW of battery storage by 2030 and, while the market is being held back by onerous grid fees, developers like Lion Storage are working on deploying multi-hundred megawatt systems.
The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.
Energy storage is among a number of key technologies which can bring much-needed flexibility to electricity networks and therefore to energy markets. With Europe at an unprecedented crossroads in its energy system planning, now is the time to factor in that critical flexibility, argue Julian Jansen and Lars Stephan of Fluence.
