Power producer NTPC will deploy Energy Dome’s CO2 Battery technology at a power plant in Karnataka, India. 

A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs. 

The cancellation of the 5GW/120GWh Pioneer-Burdekin Pumped Hydro Project in Queensland, Australia, has seen power price forecasts jump by over 60% for 2035.

India’s National Thermal Power Corporation has launched a tender for 1,200MW of solar PV with 600MW/2,400MWh of energy storage systems.

Engineering group Gamuda and infrastructure developer Ferrovial have been signed up in an early contractor involvement (ECI) deal for a 12GWh pumped hydro energy storage (PHES) project being developed in Queensland.

TotalEnergies, a French energy major, is seeking approval from the federal government’s Environment Protection and Biodiversity Conservation (EPBC) Act for a 320MW solar-plus-storage site in New South Wales, Australia.

LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.

Energy storage system integrator HyperStrong has concluded an IPO to list its shares on the Shanghai Stock Exchange’s STAR Market for science and technology innovation companies.

China has reached well over 70GW of installed BESS capacity, while DC block prices appear to be ‘stable’, a local metals price agency said.

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