We caught up with a partner at insurance broker Lockton about recent developments in the space, including the ramifications – or lack thereof – of the recent Moss Landing fire on insuring BESS projects going forward.

With the price of BESS continuing to fall, there is an ongoing discussion in the industry around the limitations of manufacturer warranties and how analytics can unlock untapped revenues.

Sweden-headquartered BESS developer-operator Ingrid Capacity will build a 70MW/140MWh project in Finland, which it claimed will be the largest in the country.

Stem Inc. reported a 69% year-on-year fall in annual revenues as the US energy storage pioneer pivots towards software and services.

There is “huge potential” for commercial and industrial (C&I) battery systems in Germany’s wholesale trading markets, according to Tesvolt.

Australia’s Energy Queensland, a government-owned distribution system operator, has partnered with cloud-based battery analytics provider ACCURE Battery Intelligence to monitor two 8MWh batteries in Queensland.

Developer SMT Energy has secured a US$135 million funding for its 160MW/320MWh battery energy storage system (BESS) located in Houston, Texas.

Optimiser GridBeyond has been selected to provide scheduling coordinator, trading and energy optimisation services to UK-headquartered BESS investor Gore Street Energy Storage Fund’s (GSF) 200MW Big Rock US project.

As Europe’s BESS industry matures, project owner-operators are taking on more control – and risk – when it comes to procuring technology and services for their projects.

IPP E energija Group has started building what it claims is the largest ‘private’ BESS project in Lithuania, a few weeks after the Baltic region decoupled from Russia’s electricity grid.