Energy storage systems (ESS) will become India’s most invested-in clean energy asset class during this decade, but it’s likely to be pumped hydro, not lithium-ion batteries, that see the most deployments.
Developer Gurin Energy is so convinced of Japan’s energy storage market potential that it is planning a single project equivalent to the country’s entire installed base of lithium-ion battery storage.
The Asia-Pacific region’s transition away from fossil fuels requires a combination of digital innovation and environmentally-friendly energy technologies, writes Nicolas Ma of Huawei.
Nuvve, a US startup focused on vehicle-to-grid (V2G) technologies, has been selected to manage grid-connected stationary battery storage in Japan with a combined capacity of 30MWh.
Battery storage equipment manufactured by CATL and recently installed at a US Marine Corps facility has been disconnected after the raising of security concerns about the China-headquartered maker.
New HOrizons Ahead (NHOA) has completed work on a large-scale battery energy storage system (BESS) in Taiwan, designed specifically for a new ancillary service opportunity.
At COP28 last week, 11 countries joined a global consortium aimed at securing 5GW of battery energy storage deployments in low or middle-income countries.
The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK’s.
After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.
