Dominion Energy will pilot the deployment of a novel metal-hydrogen battery, making it the latest new non-lithium technology the US utility is trying out.
We caught up with Birger Steen, CEO of lithium-ion gigafactory company Freyr Battery, about its recent decision to minimise European investments in light of the Inflation Reduction Act, discussing a potential policy response and its approach to ESS and using conventional technologies.
The versatility of battery storage to provide a broad range of services makes them “particularly valuable” to virtual power plants (VPPs), according to a senior advisor to the US Department of Energy (DOE).
The US’ cumulative battery storage installations reached 14.689GW at the end of Q3 2023, with Texas’ ERCOT market contributing 40% of new additions during the quarter.
California-based Element Energy has raised US$111 million of equity and debt for its proprietary battery management system (BMS) for first and second life battery storage.
Switzerland-based institutional investment group SUSI Partners has entered a development deal for two large-scale solar-plus-storage hybrid power plants in Chile.