Executives from Northvolt discussed the gigafactory company’s ramp-up after a slow 2023 and how the company intends to be competitive in the global market, as well as cell technology, recycling, sourcing from China and an eventual IPO.
Solar Energy Corporation of India (SECI) has begun the process of tendering for 4,000MWh of grid-scale battery storage which will be supported by government Viability Gap Funding.
The operating capacity of battery storage in the US grew by 7.9GW last year, bringing the country’s total cumulative installed base to 17GW by the end of 2023.
Construction has kicked off at the largest battery project in Australia to date, with a storage capacity equivalent to the entire country’s fleet of projects in construction at the end of 2022.
This Friday Briefing focuses on the situation around Cleve Hill Solar Park, a co-located solar and battery project that is the latest to fall foul of its local community.
Eos Energy Enterprises, ESS Inc and Energy Vault have increased their revenues and narrowed losses, according to financial results from the three ‘non-lithium’ energy storage companies.