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battery storage insurance

Battery storage insurance costs are falling ‘as understanding of risks grows’

February 20, 2023
We hear from two battery storage insurance industry sources about how they view the technology and the main risks they assess when designing policies.
A TransAlta hydroelectric dam. Image: TransAlta via Twitter.

Canada’s TransAlta buys 50% stake in 4.8GWh Alberta pumped hydro project

February 20, 2023
TransAlta has acquired a 50% stake in an early-stage development pumped hydro energy storage (PHES) project in Alberta.
Stem Inc and third party hardware at a customer's battery storage installation. Image: Stem Inc / CleanCapital.

Stem Inc revenues up nearly 200% in Q4 and FY

February 17, 2023
Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.
gore street BESS germany texas GB ireland

Gore Street Capital acquires 200MW battery storage project in California

February 17, 2023
UK-listed Gore Street Energy Storage Fund has acquired its first asset in California, a 200MW/400MWh battery energy storage system project from developer Avantus.
The four states of vanadium used in electrolyte for VRFBs. Image: Invinity Energy Systems.

Canada’s first commercial vanadium recovery plant gets Emissions Reduction Alberta funding

February 16, 2023
Suncor’s plan to recover vanadium from coke-fired boilers will receive CA$7 million (US$5.2 million) government funding.
exagen uk bess two-hour 1gwh planning approval england

Battery cell RMI pricing volatility eases for energy storage offtakers

February 16, 2023
The problem of changes to battery cell order pricing because of raw material index (RMI) pricing has now improved for energy storage offtakers, EPC firm Burns & McDonnell told Energy-Storage.news.
Porous sulfur-containing interlayer of a lithium-sulfur cell at Argonne National Laboratory after 500 charge-discharge cycles. Shown is the microstructure and elemental mapping of silicon, oxygen and sulfur. Image: Guiliang Xu/Argonne National Laboratory.

US can capture 60% of value of rising domestic lithium-ion demand by 2030, DOE-led study says

February 16, 2023
Recommendations for how the US can double its lithium battery revenues have been published by Department of Energy’s Li-Bridge partnership.
ESS Inc iron and saltwater flow battery in containerised configuration. Image: ESS Inc.

Clean Energy Associates: LDES ‘hype cycle’ ending, 2023 the year to prove technology out

February 16, 2023
The ‘hype cycle’ around long duration energy storage (LDES) is coming to an end and 2023 will be the year when companies must prove their technology can live up to its promises.
battery storage

Batteries for gas: Behind FlexGen’s California co-location project to enhance peaker plants

February 15, 2023
Battery storage can enhance the operation of power plant fleets, whether wind, solar, coal, gas or almost any other technology.  
fluence Germany

Fluence renewable energy asset performance platform onboarded at 948MWh of energy storage

February 15, 2023
Nispera, the asset performance management platform for renewable energy acquired by Fluence has begun managing battery storage assets.

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