Listed company Shenzhen CLOU Electronics says it has secured a contract with a “famous American energy company” to supply an energy storage system totalling 485MWh in South America.

Investor-owned utility SDG&E is turning its first lithium iron phosphate-based battery energy storage system (BESS) online today, while Stanford university says it has hit 100% renewable electricity with the offtake from Goldman Sachs’ recently-commissioned Slate solar-plus-storage project.

This sponsored webinar with HMS Networks looks at how to intelligently connect battery energy storage systems (BESS) to the grid.

News in brief from around the world in energy storage.

The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.

It’s been a positive week for thermal energy storage technology, with utility Edison International validating a cold storage solution, a collaboration between two groups to achieve 100% round trip efficiency, and an acquisition involving several intellectual property rights patents.

A total of 1,613MW/4,727MWh of energy storage was installed in the US in the last quarter of 2021 according to Wood Mackenzie, which says annual residential storage installations will hit 2GW by 2026.

Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).

Battery storage will be a valuable asset for enhancing and upgrading the electric transmission and distribution (T&D) system of California.

Jamaica has received proposals from a consortium of local and international companies to implement a proposed pumped hydro electric storage (PHES) project.