A US$10.5 billion programme to “strengthen grid resilience and reliability” across the US includes funding for microgrids and other projects that will integrate battery storage technologies.
Tesla’s energy storage business enjoyed its highest quarter of deployments to date as growth of its electric vehicle (EV) business slowed and earnings fell below analysts’ expectations.
Enervenue, the US company commercialising technology adapted from nickel-hydrogen batteries used in space exploration, has signed a three-year Master Supply Agreement (MSA) with a customer in Brazil.
Developer Solvent Energy is talking to investment bankers with a view to selling some of a 2GW portfolio of battery energy storage system (BESS) projects in ERCOT, Texas.
Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.
Siemens Energy will provide the technology for a project in Ireland combining a synchronous condenser and a battery energy storage system (BESS) of 160MWh.
BESS developer and operator Plus Power has completed a US$1.8 billion financing for five projects in Arizona and Texas, including over US$400 million in tax equity and US$700 million for a single standalone project, the largest to-date.
UK battery storage investor Harmony Energy Income Trust (HEIT) has energised two grid-scale battery energy storage system (BESS) assets, including one of the same size as its flagship ‘largest BESS project in Europe’.
