The European Union’s Battery Passport, which will make all of the components of devices placed into the market traceable, will be a useful tool for investors in energy storage, Energy-Storage.news has heard.
A recent report from the Clean Energy Associates found that system-level defects accounted for nearly half of all defects found in battery energy storage systems (BESS), of which two issues related to increased risk of fire.
The way we think about battery storage tech is evolving as quickly as the industry is, writes Dr. Matthias Simolka, product manager at battery data analytics provider TWAICE.
When it comes to energy storage tech, one size does not fit all and diversity of options will become crucial, writes Mukesh Chatter, CEO of Alsym Energy.
After coming down last year, the cost of containerised BESS solutions for US-based buyers will come down a further 18% in 2024, Clean Energy Associates (CEA) said.
The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero.