Tesla’s energy storage deployments rebounded in the second quarter of this year, but factors, including a decline in ASPs, had a significant impact on the company’s energy division’s gross margins.
Battery energy storage systems (BESS) operating in California’s grid left approximately US$98 million on the table due to suboptimal bidding strategies, according to a new analysis from Gridmatic.
A subsidiary of Indian renewable energy equipment and component manufacturer Waaree Energies has opened a battery energy storage system (BESS) enclosure factory.
Electricity sector regulations in Thailand require significant reforms to support the use of energy storage as a critical tool for renewable energy integration.
Australian transmission operator Transgrid has opened a pathway for 900MW of grid-forming inverter-equipped battery storage to contribute to New South Wales’ minimum system strength requirements.
With technology risk now largely removed from the equation, assessing how a battery storage project will perform across market opportunities is now the main object of financiers’ scrutiny, writes Ryan Alexander of enspired.