The latest edition of PV Tech Power – PV Tech Power 26 – is now available to download, including Storage & Smart Power, the section brought to you by Energy-Storage.news.
LG Energy Solution, formerly known as LG Chem, is offering free replacements to customers for some of its battery energy storage systems sold in Australia due to potential defects that could cause overheating.
Australia’s Clean Energy Finance Corporation (CEFC) has invested AU$160 million (US$127.6 million) in a 300MW battery storage project near Geelong, Victoria.
Hitachi ABB Power Grids will supply battery energy storage and smart controls to Singapore’s first virtual power plant (VPP), on a project aimed at validating methods for integrating more renewable energy onto the city-state’s electricity networks.
CEP. Energy, a specialist renewable energy fund company in Australia, has just announced the largest proposed grid-scale battery project in the world so far, with up to 1,200MW rated output.
New ways to increase the numbers of people that can benefit from battery storage are being tried out in Melbourne, Australia, by one of the city’s electricity distribution network owners, in partnership with an energy non-profit.
Key to the rapid success and growth of the energy storage industry in the US, China and other maturing markets has been the presence of a small number of system integrators. IHS Markit association director Julian Jansen examines what it is that system integrators do that makes them so vital to the industry and why the future ahead looks to be one characterised by growth, competition and consolidation.
Despite the fall in unit prices for energy storage, a total of US$3.6 billion of investment was committed to energy storage projects in 2020, around the same amount as in 2019.
