More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.
The Republic of Maldives has launched a tender process, seeking to procure battery energy storage systems (BESS) in an energy transition project supported by Asian Development Bank (ADB) funding.
Ben Lincoln, energy expert at intellectual property law firm Potter Clarkson, looks at patent filing activity in energy storage technologies outside the world of electrochemical batteries.
The four most high-profile energy storage system (ESS) companies that listed via SPAC mergers – Eos, Energy Vault, ESS Inc and Stem – have seen their share prices fall by an average of 80% since going public.
The government of New Caledonia, a French overseas territory in Polynesia, has announced plans for a 150MWh battery energy storage system (BESS) to be deployed by IPP Akuo Energy.