Italy-headquartered energy storage solutions provider NHOA Energy grew revenues 33% in 2023 despite a 20% industry-wide drop in prices, it said in its full-year results.

BESS route-to-market (RTM) and optimisation firms in the UK are increasingly looking at a wider variety of contracting mechanisms beyond the revenue-share or ‘merchant’ model, developer-operator Eku Energy told Energy-Storage.news.

This Friday Briefing wants to know where the people who translate clean energy ambition into reality will be coming from, and the UK BESS industry sails on.

The Q1 2024 edition of our downstream solar PV and energy storage journal, PV Tech Power, is now available to download.

Trina Storage, the energy storage arm of major solar PV company Trina Solar, launched its new battery storage solution Elementa 2, to the global market at this year’s Energy Storage Summit EU.

The inverters at an upcoming 300MW/600MWh project in Scotland, UK, will enable the asset to deliver inertia that is “essential for the grid to function efficiently”.

The implications of larger projects, revenue streams of projects, and grid connection issues were discussed on a panel at the ESS EU event in London.

We caught up with James Li, European energy storage director of inverter and BESS provider Sungrow, at the Energy Storage Summit EU 2024.

The panel – Where are the Commercial Opportunities for Co-Location? – was almost full to capacity on the afternoon of the first day of the Summit.

Battery energy storage systems (BESS) were awarded 655.16MW in the UK’s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) after eight rounds at £35.79 (US$45.17)/kW/year.