Lithium-ion battery manufacturer CATL has launched its latest grid-scale BESS product, with 6.25MWh per 20-foot container and zero degradation over the first five years, the company claimed.

Norwegian oil and gas firm Equinor has launched its first US BESS projects via 2022 acquisition East Point Energy, with its trading arm Danske Commodities charged with ensuring project returns.

The forthcoming introduction of the European Union (EU) Battery Passport could result in a 2-10% reduction in procurement costs, according to the consortium tasked with its implementation.

This Friday Briefing takes a look at how residential battery storage and other DERs can be a force for the greater grid.

Global utility and IPP Engie will build a 116MW/660MWh battery energy storage system (BESS) at the former site of a coal plant it operated in Chile.

A Quinbrook Infrastructure Partners portfolio company will shortly begin construction on a 250MW/500MWh battery storage system in Queensland, Australia.

The BESS industry is looking at ways to leverage the 45x tax credit for domestic cell manufacturing in the US, with the domestic content investment tax credit (ITC) bonus still unclear.

A compressed air energy storage (CAES) project in Hubei, China, has come online, with 300MW/1,500MWh of capacity.

Australia’s battery storage market had a record-breaking year in 2023 across utility-scale, residential, and commercial and industrial (C&I) segments.