Western Australia (WA) has said it will provide funding for two battery energy storage system (BESS) projects that will be among the biggest in Australia to date.
What has been described as the largest battery storage project to date in the state of New South Wales, Australia, has been brought online by Edify Energy.
Powin has ‘big plans’ in the balance-of-system space and could become ‘the biggest energy storage platform in the world’, president Anthony Carroll says.
Energy Vault secured 2.8GWh of project orders in the first quarter of 2023 and revealed that it has invested in Kore Power, the US lithium-ion battery and BESS firm, though booked revenues fell 75%.
LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a “new growth engine” for the South Korean manufacturer.