Interest rate rises and longer development timelines have driven a fall in the value of early-stage projects in the US clean energy and energy storage market and a flurry of sell-offs, developer-operator Agilitas Energy told Energy-Storage.news.
Wärtsilä Energy has launched its newest battery energy storage system (BESS) solution for utility-scale applications, claiming that it comes with enhanced safety features and improved energy density.
After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.
Cost and availability of raw materials is the biggest among a number of challenges that must be addressed if US-made products will be able to meet demand for battery storage in the country.
System integrator Ameresco will build a maximum 50MW/200MWh battery energy storage system (BESS) in partnership with Silicon Valley Power (SVP), the non-profit utility of the city of Santa Clara, California.
Spain-based developer and IPP Grenergy has detailed its investment plans for 2023-2026, totalling US$2.6 billion including what it claimed is the ‘largest BESS in the world’ in Chile.
Changing electricity market dynamics and regulations in the US are increasing the need for AI-driven software solutions, the CEO of Stem Inc told Energy-Storage.news after a recent 10GWh partnership with developer SB Energy.
Clēnera’s affiliate Country Acres Clean Power has entered into a busbar power purchase agreement (PPA) with the Sacramento Municipal Utility District (SMUD).
Battery storage system integrator FlexGen and battery manufacturer Hithium could be supplying each other with complementary technologies for large-scale battery energy storage system (BESS) projects.
