Energy asset developer Rise Light & Power will redevelop its 2,480MW Ravenswood Generating Station – New York City’s biggest power plant – as a new renewable energy hub including on-site energy storage.
Battery energy storage systems (BESS) cost base has increased 25% in the past year, the head of storage for global energy technology group Wärtsilä told Energy-Storage.news.
Volkswagen has started construction of its 40GWh battery cell gigafactory in Salzgitter, Germany, and the company plans to dedicate capacity to grid-scale energy storage in future.
KULR Technology Group, a developer of battery safety and thermal management technologies, is buying 75MWh of batteries from a subsidiary of Taiwan Cement Corporation (TCC).
German home energy storage and virtual power plant (VPP) company sonnen has deployed 86 of its ecoLinx batteries in a new-build complex in Florida, US.
European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.
Some anticipated lithium-ion battery gigafactory projects in Europe are quietly revising their plans and may not open at all, according to the head of energy storage for research and consulting company Delta-EE.
Investor Quinbrook Infrastructure Partners has acquired exclusive project development rights for a 230MW/460MWh battery energy storage system (BESS) in Wales, UK.
