Cameron Murray talks to industry experts about the physical security risks to battery storage sites, and how the security and insurance aspects of operating BESS sites are evolving.
The European Commission has approved a €103 million (US$125 million) package of direct grants from the government in Romania for battery storage projects.
The faulty activation of sprinkler system forced the decommissioning of the LG batteries which were eventually stolen from Terra-Gen’s Valley Center BESS in California, the company told Energy-Storage.news.
Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.
Slovenia state-owned utility Dravske elektrarne Maribor (DEM) is planning two battery storage units totalling 60MW as well as a pumped hydro energy storage (PHES) plant.