We hear from S&P Global Commodity Insights analysts and a former Fluence executive about the major trends shaping the competitive landscape of system integrators in the BESS industry.
European battery company Northvolt has filed for Chapter 11 ‘reorganisation’ bankruptcy in the US, which it said will allow it to restructure its debt to continue scaling the business.
Second life energy storage and BMS firm Element Energy has commissioned the largest project in the world using repurposed EV batteries, it claimed, with LG Energy Solutions (ES) Vertech revealed as a system integration partner going forward.
NextEra Energy Resources (NEER) has become the next IPP to seek approval of a renewable energy development incorporating battery storage via the California Energy Commission’s (CEC’s) opt-in process, as permitted under Assembly Bill (AB) 205.
EVLO’s battery energy storage system (BESS) solution has been recertified for the UL9540 standard ahead of deployments for US utility Dominion Energy in Virginia.
We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.
Solar PV and BESS firm Canadian Solar will build a BESS and cell manufacturing facility in Kentucky, in a factory which was recently vacated by metal-hydrogen battery company EnerVenue.
London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has secured a US$80 million increase in debt facilities for its battery storage projects.
