Despite geopolitical unrest, the global energy storage system market doubled in 2023 by gigawatt-hours installed. Dan Shreve of Clean Energy Associates looks at the pricing dynamics helping propel storage to ever greater heights.
This Friday briefing looks at the trend of long-duration energy storage (LDES) technology companies eyeing project development, the role Europe’s gigafactory projects play in the continent’s energy storage system (ESS) market, and the inherent challenges that come with vertical integration.
Utility EWEC (Emirates Water and Electricity Company) has invited developers to submit expressions of interest (EOI) for a 400MW battery energy storage system (BESS) project in the UAE.
Developer NatPower has claimed it will invest £10 billion (US$12.8 billion) in the UK’s battery energy storage system (BESS) market, targeting 60GWh of deployments by 2040.
The regulator in Germany has given the green light to transmission system operator (TSO) Amprion’s five ‘decentralised grid booster’ BESS projects, totalling 250MW.
Energy-Storage.news Premium learns why Energy Dome, maker of the proprietary CO2 Battery for long-duration energy storage, has moved into the project business.
JSW Renew Energy Five – a wholly owned subsidiary of JSW Neo Energy – has signed a power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for the first of two 250MW/500MWh battery energy storage system (BESS) projects.
Developer rPlus and utility PacifiCorp have amended an existing PPA for a solar-plus-storage project, to increase the energy storage resource’s planned size from 400MWh to 1,600MWh.
We discuss a 40MWh project in Finland with both the BESS provider Merus Power and customer/project owner eNordic, the investment manager in the region for private equity firm Ardian.
EU body EIT InnoEnergy has launched a new platform for owning and operating energy storage assets across Europe, called Repono, targeting a 10% market share of an expected 1TWh market by 2030.
