Norwegian lithium-ion battery gigafactory group FREYR has signed a conditional offtake agreement with energy storage system integrator Powin Energy totalling 28.5GWh over six years.
Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.
New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.
Nuclear power firm Westinghouse Electric Company has signed a Memorandum of Understanding (MOU) with a state-owned energy company to build 2GWh of pumped thermal energy storage (PTES) capacity in Bulgaria.
Power company AES Bulgaria has signed a non-binding memorandum of understanding (MoU) with the Bulgarian ministry of energy to assist the country in its decarbonisation transition.
Energy conversion equipment specialist Ingeteam will supply a 70MW/340MWh battery energy storage system (BESS) in northern Italy for a 2023 delivery date.
With a handful of leading regions deploying grid-scale storage at a faster rate than ever, what sort of impact are these additions having so far on the problems they are intended to solve?
Welbar Energy Storage joint venture – made up of Penso Power and Luminous Energy – has secured planning permission for a 350MW connection capacity battery storage development with a five-hour duration in the UK.
