State of charge (SOC) is on the face of it a straightforward measurement for batteries and BESS. But in reality, it’s highly complex and under- or over-reporting still happens in the industry, leading to under-performance and losses in revenue.
Tank storage company Vopak has marked its energy into the BESS sector with a final investment decision (FID) for a 200MW/800MWh BESS in the Netherlands, which recently entered into a first-of-its-kind agreement with TSO TenneT.
US sodium-ion (Na-ion) battery startup Alsym Energy and consulting organisation for the mining and energy sectors, Erity, have signed a 9GWh strategic relationship agreement (SRA) for global mining use-cases.
Singapore-headquartered clean energy developer Vena Energy has raised AU$1.4 billion (US$970 million) in green finance to support 614MW of solar PV capacity and 1,141MWh of battery energy storage systems (BESS) in Australia.
French independent power producer (IPP) Neoen has been awarded a 20-year capacity services contract for its 200MW/1,600MWh energy storage project in Ontario.
Three massive BESS projects have been launched in Europe: BW ESS has broken ground on a 1GW/5.7GWh system in Germany, while Greenvolt and Giga Storage have enlisted suppliers (BYD and Tesla) for 2.4GWh and 2.8GWh projects in Poland and Belgium.
The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.
Australian AI infrastructure developer Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.5GWh of battery storage by 2032.
