Aura Power-ib vogt JV, along with Neoen, have recently submitted applications with the Alberta Utilities Commission to construct three projects with a 425MW/1,250MWh cumulative battery storage capacity.
A total of US$17.6 billion was invested in the energy storage industry across 83 announced deals in the first nine months of the year, according to comms and market intelligence firm Mercom.
Specialist renewable energy insurance company kWh Analytics considers thermal runaway to still be the single most important risk that energy storage system developers must consider.
World leaders attending COP29 next month have been encouraged to sign a pledge to collectively increase global energy storage capacity to 1,500GW by 2030.
Developer and IPP Elevate Renewables will deploy a grid-forming BESS at a fossil fuel peaker plant in Connecticut, US, with US$27.5 million from the Department of Energy (DOE).
Gore Street Energy Storage Fund will provide a Goldman Sachs subsidiary with power from its Big Rock BESS in California via a 12-year, fixed price Resource Adequacy (RA) contract.
US utility Dominion Energy Virginia has outlined options for meeting future power demand, including an additional 12GW of PV and 4.5GW of battery storage.
While there is much more variety in the BESS supply landscape today, there are relatively few suppliers able to offer products for ‘grid-forming, enduring infrastructure assets’, developer and operator Dais Energy’s CEO said.
Three US-based independent power producers (IPPs) are currently seeking permission from the Minnesota PUC to construct new renewable energy facilities incorporating battery storage.
