Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.
ESN Premium speaks with representatives of Lunar Energy and Nomad Power Systems, respectively targeting the tricky VPP and mobile power markets with energy storage-backed solutions.
EDP Renewables North America (EDPR NA) has secured a long-term contract with Dominion Energy to develop an 85MW/340MWh battery energy storage system (BESS) in Virginia, US.
System integrator and project developer On.Energy has acquired nine in-development battery energy storage projects, which will play into California’s CAISO market.
It was a busy week of news in the UK’s grid-scale energy storage market last week, with BESS projects put into operation by Eku Energy and Harmony Energy Income Trust (HEIT), and projects in the gigawatt-hour scale announced by ESB and Apatura in Scotland.
Pumped hydro energy storage (PHES) developer Queensland Hydro has revealed a flurry of contracts today (17 September) to help progress the development of its 2GW Borumba project in Australia.
Battery energy storage system (BESS) solutions provider GE Vernova has been selected to deliver the BESS for Quinbrook Infrastructure Partners’ 250MW/1,000 MWh energy storage project in Queensland, Australia.
The Australian Renewable Energy Agency (ARENA) confirmed last week (11 September) that the AUS$523 million Battery Breakthrough Initiative has opened a consultation into the scheme.
Utility Golden Valley Electric Association (GVEA) is to receive US$206 million from the US Department of Agriculture’s Empowering Rural America (New ERA) programme to help develop three projects, including a 46MW/92MWh BESS in Fairbanks, Alaska.
