BloombergNEF (BNEF) has ranked China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place respectively.
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
Sodium-sulfur (NAS) batteries made by NGK Insulators will be supplied by a subsidiary of chemicals company BASF for power-to-gas projects by South Korean company G-Philos in global territories.
An agreement to support the manufacture and sale of vanadium flow batteries has been struck between Australian Vanadium and Enerox, which makes and markets systems under its CellCube brand.
Thousands of residents of social housing in Adelaide, South Australia, will get Tesla PV panels and battery storage in their homes if they join a virtual power plant (VPP) project run by the state.
The Australian Capital Territory (ACT) has awarded 200MW of renewable energy capacity in a reverse auction, while the state government has emphasised the significant role large-scale batteries that were also handed contracts will play in the region’s transition to cleaner energy.
Microgrid projects on three different continents that include multiple megawatts of battery storage alongside renewable energy have been announced in the past few days from well-known industry players.
Reports into the performance of two large-scale battery energy storage systems (BESS) in the Australian state of Victoria have been published, showing that both performed as expected, or better, in 12 months of operation.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.