Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.

Centrica Business Solutions has acquired a 30MW battery energy storage project which will help manage North Sea offshore wind farms.

Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).

KORE Power, a company building a lithium-ion gigafactory in Arizona, has launched a full service storage integrator division with the acquisition of an existing provider.

A newly-announced battery gigafactory in the US from startup SPARKZ will make batteries suitable for grid storage and will be built in the heart of Appalachian coal county in West Virginia. 

Swedish public utility Vattenfall has opened its Energypark Haringvliet in the Netherlands, which combines wind, solar and a 12MWh battery energy storage system (BESS).

Canadian Solar shipped just under 900MWh of battery storage in 2021 but expects to double that figure this year. 

Tesla has been contracted to provide 300MWh of its Megapack BESS for projects in development by Edify Energy in Australia. 

Developer Alcemi and investment group CIP have partnered for the development, construction and operation of a 4GW UK BESS portfolio.

Li-Cycle has seen its revenues rise although the cost of expansion to meet expected future demand remains high.