Delays in product development, high commodity prices and investors pulling out were behind some of the most recent bankruptcies in the ESS battery technology space, which include Nilar, AMTE and Ambri.
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
The Council of Menorca, one of Spain’s Balaeric islands, has detailed its energy transition plan for the next four years including 18MWh of distributed battery energy storage systems (BESS).
Energy Vault and a coal mining company owned by the local government in Sardinia, Italy, have signed a land lease agreement to deploy a project combining gravity energy storage and BESS technology.
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A roundup of battery energy storage system (BESS) news from the UK, with Harmony Energy Income Trust (HEIT) commissioning a system, Field ordering one from Envision and Quinbrook launching construction on another.
While contractual parties are rarely ironing out end-of-life provisions for BESS, those that do are keeping their options open with the future value of degraded batteries far from clear, a UK-based lawyer said.
