The process of developing energy storage projects in Germany is about to get longer and there is a risk it grinds to a halt as the market matures and regulations are made, developer BayWa r.e. told Energy-Storage.news.
Startup Capalo AI will optimise a Finland BESS project owned by investor Ardian while Merus Power, which is providing the BESS for that project, has received a separate order from Switzerland’s Alpiq for a similarly sized one.
US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.
US-headquartered battery storage system integrator and manufacturer Powin has signed a multi-year, 15GWh deal for the supply of battery cells with China’s Eve Energy.
Executives from Sunwoda, one of the world’s largest lithium-ion battery OEMs, share the latest updates around the company’s grid-scale, residential, and commercial and industrial (C&I) energy storage system (ESS) activity.
CATL, the world’s largest lithium-ion OEM, has given more details around its new battery energy storage system (BESS) product, Tener, including how it claims to have achieved no degradation in the first five years of operation.