World leaders attending COP29 next month have been encouraged to sign a pledge to collectively increase global energy storage capacity to 1,500GW by 2030.
While there is much more variety in the BESS supply landscape today, there are relatively few suppliers able to offer products for ‘grid-forming, enduring infrastructure assets’, developer and operator Dais Energy’s CEO said.
Solutions provider nVent on the industry’s increasing demand for energy storage systems with smarter design and technology to deliver a smaller footprint.
India’s government-owned National Thermal Power Corporation (NTPC) has launched a tender to deliver a 100MW/400MWh battery energy storage system (BESS).
Eku Energy has begun its first battery storage project in Japan, while Gore Street Capital has raised funding for the country’s first energy storage-dedicated fund.
KEPCO, South Korea’s biggest electric utility, has welcomed the start of commercial operations at a portfolio of large-scale battery energy storage system (BESS) assets.
Vanadium redox flow battery (VRFB) manufacturer VRB Energy intends to build two factories in China through a joint venture (JV) and one in the US through a new subsidiary.