New ways to increase the numbers of people that can benefit from battery storage are being tried out in Melbourne, Australia, by one of the city’s electricity distribution network owners, in partnership with an energy non-profit.
Financial backing to support early development phases in battery storage and renewable energy projects has been found by Momentum Energy Storage Partners, a project development company launched by DNV GL’s former energy storage lead for the North Americas region.
Construction work has begun in the US on what is claimed to be the world’s biggest solar-charged battery storage project, by utility company Florida Power & Light (FPL).
A lithium-ion battery recycling plant is under construction in Norway, focusing initially on electric vehicle (EV) batteries, but the CEO of the company behind it has said that it will also be capable of processing batteries from stationary energy storage systems (ESS).
Tesla reported a significant increase in energy storage deployments for the fourth quarter of 2020, more than doubling record figures from the previous quarter as battery manufacturing expansions led to greater product availability but demand still outstrips supply.
While it might be more than 200 times smaller than the world’s biggest battery energy storage system so far, a 1MW / 5.1MWh project awarded to technology provider FlexGen is expected to be the biggest of its kind in the US state of Kansas.
Wärtsilä Corporation’s CEO has said that “activity in the energy storage market held up well” in 2020 despite a difficult year for the company due to prevailing market conditions around the COVID-19 pandemic.
Norwegian state-owned energy company Statkraft is to provide market access and trading optimisation for battery storage assets being developed by RWE in Ireland.
