EV and energy storage giant Tesla saw a slight quarter-on-quarter dip in energy storage deployments in Q2 to 3.7GWh, although annual growth was strong at 222%.
Scaling up net zero-enabling battery storage technologies will require financiers and investors to share risks with developers, such as those over supply chain.
Projects using novel, non-lithium battery technology have been progressed by organic flow battery firm CMBlu, liquid metal battery firm Ambri, and the NAS battery division of NGK Insulators.
Energy storage assets are versatile, profitable low carbon resources that need the right conditions and guidance to deliver value from the very start of operation, writes TWAICE.
The Singapore Energy Market Authority (EMA) is figuring out how energy storage technologies can be widely deployed in the country, overcoming constraints such as limited availability of land.
Many ASEAN countries are advancing their adoption of renewable energy with the support of regulators, but the same can’t yet be said for energy storage technologies.