The government of Chile will launch a bill this year to procure large-scale energy storage systems for commissioning in 2026 totalling US$2 billion of investment, on top of 5GWh already being sought for 2027-28.
The US Bureau of Land Management (BLM) has given the green light for construction to begin on a second large-scale battery storage system at Desert Sunlight.
Energy-Storage.news caught up with Energy Vault CEO Robert Piconi to primarily discuss its gravity-based energy storage solution which, putting it mildly, has its fair share of sceptics.
Utility Portland General Electric (PGE) has announced the procurement of a 75MW battery energy storage system (BESS) project in the state of Oregon, building on another 400MW round last month.
Energy Vault will reveal new form factors to its EVx gravity-based energy storage solution which could deliver the “lowest cost of energy storage in the world”, CEO Robert Piconi claimed to Energy-Storage.news.