An Australian Renewable Energy Agency (ARENA) programme to put AU$120 million (US$78.17 million) towards community battery storage received applications for more than ten times that amount.
Renewable energy and energy storage developer Akaysha Energy will soon begin construction on a 150MW/300MWh battery storage project in Queensland, Australia.
Huawei and BYD were among the five largest battery energy storage system (BESS) integrators globally last year, with the Chinese market going through a ‘price war’ of competition, according to research from Wood Mackenzie.
Power technology firm Wärtsilä has initiated a strategic review of its energy storage and optimisation (ES&O) business, with “all potential alternatives considered” including divestment.
UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.
US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.
Edify Energy has closed financing on a battery storage project which will support the hosting of solar and wind at a government-designated Renewable Energy Zone (REZ) in Victoria, Australia.
The energy storage division of global solar PV manufacturer Trina Solar has debuted its Elementa 2 battery energy storage system (BESS) solution at All-Energy Australia.
