State-owned EPC firm China Power Construction Group (Power China) recently concluded a 16GWh BESS supply tender, which resulted in extremely low prices amidst a squeezing of market share and increased buying power from state-owned companies, an S&P analyst told Energy-Storage.news.
Sembcorp has successfully bid into a Solar Energy Corporation of India (SECI) tender to build a large-scale solar PV project paired with battery storage.
Vanadium flow batteries could be a workable alternative to lithium-ion for a growing number of grid-scale energy storage use cases, say Matt Harper and Joe Worthington from Invinity Energy Systems.
Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.
A large-scale hybrid project has been connected to the grid in China, combining BESS and supercapacitor technology to provide numerous services to the grid including black start.
We get the reaction from other BESS suppliers, consultancies, research firms, optimisers, investors and IPPs to BYD launching a BESS using sodium-ion battery cells, a technology many see as a potential competitor to lithium-ion.
