The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

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April 21, 2021
Energy storage technology provider Fluence and battery gigafactory startup Northvolt will collaborate to develop “next-generation battery technology for grid-scale storage applications,” the companies said today.
June 27, 2019
Standalone energy storage can challenge new gas peaker plants as a “mainstream” option in the US right now, Fluence has said.
February 22, 2019
The installation will be used to provide “critical peaking capacity” and “increased” grid reliability. AES will provide a system with a four-hour duration based on Fluence’s Advancion platform. It will be leased under a 20-year contract with AES the owner and operator of the project.
July 11, 2018
The UK’s transmission system operator National Grid’s redesigned Capacity Market targets around 50GW of reserves up to 2023 and could be an early step towards longer duration energy storage batteries.
February 23, 2018
AES Distributed Energy (AES DE), a subsidiary of AES Corporation, and nonprofit transmission firm Kauai Island Utility Cooperative (KIUC) have broken ground on a 28MW solar and 100MWh five-hour duration battery energy storage system in Kauai, Hawaii.
January 24, 2018
The start of construction on India’s largest energy storage project is not only of strategic importance to regulators, but could also drive another wave of utility-scale projects in India, the chief of the country’s storage Alliance has said.
December 7, 2017
The latest confirmed initiative supporting the restoration of power in Puerto Rico is the donation of 6MW of batteries from AES, which has suggested microgrids and large-scale solar could be the answer to long term stability issues.
October 18, 2017
AES claims that 20MW of energy storage it deployed in the Dominican Republic just a few weeks before Hurricane Irma, assisted the island nation in keeping power supplies running even as devastation struck.
August 10, 2017
Arizona Public Service (APS) announced Wednesday that rather than rebuild miles of electricity transmission lines, it will install two battery storage systems totalling 8MWh in rural Punkin Center, Arizona — making it one of the first electricity companies in the US to utilise batteries instead of traditional infrastructure.
July 5, 2017
AES Corporation has closed US$2 billion in finance for the 1.4GW Southland Repowering Project.

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