This year has seen major energy storage deployment plans announced by telecommunications network operators in Finland and Germany, and substantial fundraises by ESS firms targeting the segment.
The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.
Germany-headquartered energy firm RWE is installing its first battery storage project in the Netherlands, with a 35MW unit virtually coupled with a biomass plant it operates.
Enfinite has brought online two more battery assets in a nine-project portfolio in Alberta, Canada, while Elemental Energy has commenced operation of a large-scale vanadium flow battery system.
The North American arm of Italy-based energy firm Enel has secured a PPA with a Boston Properties (BXP) for part of a solar-plus-storage project in the ERCOT, Texas market, which has a 104MW BESS.
Prices of lithium and the battery supply chain for energy storage systems are becoming manageable once again, but lead times for transformers and other equipment have greatly extended.
System integrator Fluence and Norwegian state-owned power firm Statkraft have partnered on a 4-hour battery energy storage system (BESS) in Ireland, the market’s first.
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.
