Gore Street Energy Storage Fund will provide a Goldman Sachs subsidiary with power from its Big Rock BESS in California via a 12-year, fixed price Resource Adequacy (RA) contract.
While there is much more variety in the BESS supply landscape today, there are relatively few suppliers able to offer products for ‘grid-forming, enduring infrastructure assets’, developer and operator Dais Energy’s CEO said.
AI-driven asset management startup Proximal Energy has been selected by investor Excelsior Energy Capital to optimise a fleet of battery storage projects in the US.
Cloud-based battery analytics provider ACCURE is monitoring a fleet of large-scale battery storage systems in Germany for Iqony, a subsidiary of utility Steag.
Solutions provider nVent on the industry’s increasing demand for energy storage systems with smarter design and technology to deliver a smaller footprint.
Battery energy storage systems (BESS) from several firms helped the energy system recover after the NSL interconnector, which connects the UK and Norway, suddenly stopped exporting power to the UK.
Sweden-based BESS developer Ingrid Capacity will trade its BESS projects as they start to come online, CEO Axel Holmberg said, while also discussing the CEE market and fellow Swede Northvolt’s current challenges.
In the rapidly growing but still relatively new battery energy storage sector, equipment procurement and integration for large projects presents numerous risks.
