The spinout and change in ownership of Mitsubishi Power Americas’ energy storage activities into standalone unit Prevalon will make it as ‘nimble and fast-moving as possible’, its CEO said, while not ‘chasing market share for the sake of market share’.
Energy-Storage.news Premium speaks with Warwick Johnston, founder of solar energy consultants Sunwiz, on Australia’s distributed battery storage market dynamics.
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.
Battery energy storage system (BESS) integrator Fluence will provide 35MW/100MWh of its technology to utility and IPP Engie for a project in the Netherlands.
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.