Annual residential battery storage installations in Europe passed the 100,000 mark for the first time ever in 2020, reaching a cumulative total of 3GWh capacity.
The success in a recent capacity market auction of large-scale battery energy storage system (BESS) projects in Belgium is a sign of the European country’s energy storage market maturing, Energy-Storage.news has heard.
Eirgrid and grid maintenance and construction group ESB Networks have released the full list of renewable energy projects to receive grid connection offers in Ireland through their enduring connection policy (ECP) process.
London Stock Exchange-listed transatlantic flow battery manufacturer Invinity Energy Systems has conditionally raised £25 million (US$33.46 million) gross proceeds through a share placing.
Long-duration energy storage has a crucial role to play in decarbonising the global energy system sufficiently to avoid catastrophic climate change as long as its value can be unlocked.
Energy storage can change electricity’s status as the ultimate ‘just-in-time’ product, where supply and use have to be matched in real-time, but this won’t be possible without increasingly sophisticated software solutions.
Enel X, one of the winners of contracts tendered by Italy’s transmission operator to provide fast response frequency reserve to the grid, has contracted Fluence to supply two battery energy storage system (BESS) solutions.
