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System integrator Fluence Energy and investor Excelsior Energy Capital have entered into a supply agreement for 2.2GWh of BESS, which Fluence claims will utilise US-manufactured battery cells and modules.
LG Energy Solution saw its revenues fall 30% in the second quarter of the year amidst a global EV market slowdown, and the company says its ESS segment could help offset this.
Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.
The benefits of advances in cell technology, which improve the performance and lifetime of battery storage systems, can be directly passed onto customers.
Peak Energy, a startup claiming to be the ‘first American venture to advance globally proven sodium-ion battery systems,’ has raised US$55 million in a Series A funding round.
