The second high-profile battery storage failure due to a faulty sprinkler system could mark the beginnings of exclusions from insurance policies if certain providers develop a negative track record, a source said.
Vertically integrated energy storage company Kore Power is deploying a 41.2MWh BESS for a microgrid in Arkansas, US, with more downstream projects coming soon, president Jay Bellow told Energy-Storage.news.
Developer Spearmint Energy has acquired a portfolio of battery energy storage system (BESS) projects totalling 900MW in the ERCOT, Texas market, set to come online in 2025.