Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.
Lessons will be learned from an overheating incident at a thermal energy storage demonstration unit to which fire crews were called, the company behind the technology has said.
“We think this is the first battery cell which is designed from the end users’ point of view, based on how they want to use it,” EVE Energy’s head of energy storage Steven Chen says.
Global residential energy storage shipments fell year-on-year for the first time in the second quarter of 2023, S&P Global said, amidst less energy price volatility, high inventories and rising costs.
Solar Module Super League (SMSL) member JinkoSolar is supplying large-scale battery energy storage systems (BESS) to customers in Nigeria and Japan, totalling 20MWh of combined capacity.
The Australian government has granted approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), a 1,200MW / 2.4GWh two-hour duration battery energy storage system (BESS) in the state of Victoria.
Malaysian manufacturing firm Leader Energy has tied up with BASF Stationary Energy Storage to develop long-duration energy storage projects in southeast Asia using the sodium-sulfur battery technology of NGK.
Multiple tenders seeking gigawatts of ‘firm and dispatchable’ renewable energy have been launched in India in recent months by state-owned or administered enterprises.
