Tom Bensen, Nick Warner, Ryan Franks and Michael Bowes from energy storage and fire safety expert group Energy Safety Response Group (formerly Energy Storage Response Group) discuss some of the most important aspects of creating a safe battery storage industry.
Commodities trading company Trafigura has said that it is building a large-scale battery storage plant in Belgium through a newly-launched renewable energy joint venture (JV) company.
Updated 10 January 2021: “These longer-duration 2 hour systems highlight a growing recognition of battery based energy storage systems as not only super-fast but also super-robust infrastructure assets that can serve a broader range of capacity and system balancing needs for 20 years or more.”
The cost of solar energy paired with battery storage on France’s island territories has fallen yet again, as the European country awarded contracts to winning bidders in its latest tender process.
The world’s largest battery energy storage system (BESS) so far has gone into operation in Monterey County, California, US retail electricity and power generation company Vistra said yesterday.
Distributed energy storage systems made by power management company Eaton will be able to participate in grid balancing markets through integration with a virtual power plant (VPP) platform developed by electric vehicle (EV) charging equipment provider Virta.
Updated 7 January 2020: Contemporary Amperex Technology Ltd (CATL) will supply lithium-ion batteries to energy storage system integrator FlexGen for two large-scale energy storage projects totalling 220MWh in Texas.
NextEra Energy Resources said in December that wind turbines had been successfully installed and became operational at Skeleton Creek, a hybrid renewable energy project the company is building in Oklahoma, US.
Increased confidence in the asset class has been driven by three main factors: more third party trading counterparties entering the space and offering new and innovative products, increased volatility in the trading markets and the increased market size of frequency service contracts.
The sovereign wealth fund of Qatar has agreed to invest in energy storage solutions provider Fluence in a transaction that values the technology company at more than a billion dollars.