Philippines president Ferdinand Marcos Jr attended as construction began on what is thought to be the world’s largest power plant to combine solar PV and battery storage.
Global decarbonisation targets are impossible without increasing the pace of long-duration energy storage (LDES) adoption 50 times over by 2040, according to the LDES Council.
Industry sources including ex-Fluence executives discuss what the next era for the rapidly-evolving BESS technology landscape looks like, including the move to AC blocks and changing battery cell sizes.
National deployment targets should be set for energy storage technologies, the International Renewable Energy Agency (IRENA) Coalition for Action has said.
CATL is the world’s largest lithium-ion manufacturer, and a major player in BESS too, and made headlines earlier this year when it claimed five years of ‘zero degradation’ for its new grid-scale product Tener.
Tier-1 battery manufacturer EVE Energy will be the first to mass-produce lithium iron phosphate (LFP) battery cells with more than 600Ah capacity for stationary applications.
Singapore’s government and Energy Market Authority have announced power sector and grid enhancements, including a possible expansion of Southeast Asia’s biggest battery storage plant.
World leaders attending COP29 next month have been encouraged to sign a pledge to collectively increase global energy storage capacity to 1,500GW by 2030.
While there is much more variety in the BESS supply landscape today, there are relatively few suppliers able to offer products for ‘grid-forming, enduring infrastructure assets’, developer and operator Dais Energy’s CEO said.
Solutions provider nVent on the industry’s increasing demand for energy storage systems with smarter design and technology to deliver a smaller footprint.
