The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.
The Electric Reliability Council of Texas (ERCOT) has cleared a further 480MW of battery storage capacity for commercial operations during the month of August, according to the system operator’s most recent generator interconnection status (GIS) report published 3 September, 2024.
Investor Return has acquired an energy storage development platform in Germany, Swedish optimiser Flower has bought another large-scale BESS project, while Romania’s CIS Group has revealed a flurry of solar and storage projects.
Three-quarters of the lithium-ion battery supply chain could have exposure to forced labour, contravening US and EU laws and potentially leading to products being blocked from those markets, a report said.
Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.
ESN Premium speaks with representatives of Lunar Energy and Nomad Power Systems, respectively targeting the tricky VPP and mobile power markets with energy storage-backed solutions.
System integrator and project developer On.Energy has acquired nine in-development battery energy storage projects, which will play into California’s CAISO market.
It was a busy week of news in the UK’s grid-scale energy storage market last week, with BESS projects put into operation by Eku Energy and Harmony Energy Income Trust (HEIT), and projects in the gigawatt-hour scale announced by ESB and Apatura in Scotland.
