Battery storage companies raised 159% more corporate funding in 2021 than in 2020, with funding activity reflecting the “significance of battery energy storage in the energy transition,” analysis group Mercom Capital has said.
An eight-hour duration lithium-ion battery project has become the first long-duration energy storage resource selected by a group of non-profit energy suppliers in California.
Energy storage will play an important role in US power systems between now and 2050, offering the opportunity to displace fossil fuels with low-cost renewable energy and balancing supply and demand across multiple regions.
With over 25 years’ experience as a firefighter and now part of a group that specialises in battery storage safety, Paul Rogers at Energy Safety Response Group knows all about fire safety from both sides of the fence.
California’s inclusion of US$380 million financial support for long-duration energy storage projects could “activate” up to 20 projects in the US state, which has a “tremendous need” for energy storage.
The energy storage division of solar PV inverter manufacturer Sungrow has signed a 430MWh battery energy storage system (BESS) contract with Israel’s Enlight Renewable Energy.
While we’re waiting to get started up for what looks like being a busier year than ever in 2022, let’s look back as we reveal the most-read blogs and features for 2021.
