Canadian Solar has seen a “surge in demand for battery storage capacity,” CEO Dr Shawn Qu said, as the vertically-integrated solar PV company reported its latest quarterly financial results.
Philippines power generator, supplier and distributor AboitizPower has confirmed progress on large-scale battery energy storage system (BESS) projects which the company claimed will be part of “the foundation to sustain its long term growth”.
Eos Energy Enterprises has a total order backlog for its zinc battery-based energy storage of 389MWh, worth nearly US$100 million, but expects to only be able to recognise US$5 million in revenues for 2021.
US development and investment company LS Power has launched Rev Renewables LLC, a new company focused on the development, acquisition and operation of energy storage and renewable projects.
Powin Energy will purchase lithium iron phosphate (LFP) cells from Chinese company EVE Energy and at the same time is “actively in discussions” to try and source cells from US-based facilities for the future.
Smart energy storage provider Stem Inc has said that it is on course to meet revenue targets set for 2021, as the company made its first quarterly financial results announcement since going public.
The energy storage arm of solar inverter manufacturer Sungrow will supply 1,000MW of battery energy storage system (BESS) equipment to be deployed across six large-scale projects in Texas for customer Broad Reach Power.
Wärtsilä will deploy a 5.2MW / 5.2MWh energy storage system (ESS) to help support Taiwan’s grid, joining the frequency regulation market launched this year by state-owned utility Taiwan Power Company (Taipower).
Canadian Solar’s project development subsidiary Recurrent Energy has signed a 15-year deal with California utility Pacific Gas & Electric (PG&E) for energy capacity from one of the world’s biggest battery energy storage system (BESS) projects.
