Co-located storage is growing as a proportion of the UK market with 7.2GW of projects in the pipeline, but structuring deals and offtake agreements presents a complex challenge according to an expert source.
Urban Electric Power has signed a memorandum of understanding (MOU) with developer Pine Gate Renewables to supply the latter up to 4,550MWh of its zinc batteries over the next five years.
Renewable energy development company Ameresco has signed a non-exclusive purchasing framework with system integrator Powin Energy, totalling 2.5GWh of Powin’s Stack750 battery energy storage system (BESS) product until 2025.
Norwegian lithium-ion battery gigafactory group FREYR has signed a conditional offtake agreement with energy storage system integrator Powin Energy totalling 28.5GWh over six years.
New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.
Renewable energy company Maoneng has proposed an energy hub in New South Wales (NSW), Australia, with a 550MWac solar farm and 400MW/1,600MWh battery energy storage system (BESS).
Vanadium redox flow battery (VRFB) developer Enerox, better known by its CellCube brand, has set up a subsidiary in Colorado, US, to bring its product to the North American market.
Lithium electrolyte provider South 8 Technologies has raised US$12 million in Series A financing to commercialise its liquefied gas electrolyte technology.
