Substantial growth in China’s domestic energy storage market has led to locally-based players Sungrow and Hyperstrong becoming top five system integrators globally, S&P Global Commodity Insights said.
The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).
Rimac Energy, the battery energy storage system (BESS) division of EV supercar company, has unveiled its new product at the Energy Storage Summit Central Eastern Europe (CEE).
UK-based investor Gore Street Capital has identified Poland, Hungary and Austria as markets of interest in the CEE region, investment principal John-Michael Cheshire told Energy-Storage.news in a Q&A.
Developer NGEN is deploying the largest battery storage projects in Slovenia, Austria and Croatia, and wants to take its model beyond CEE too, CEO and co-founder Roman Bernard said.
The Poland arm of UK-based developer Harmony Energy is looking to bid in around 500MW of battery storage projects into the upcoming capacity market auction, executive director Michał Maćkowiak said.
The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.
