Lithium-ion battery producer SVOLT has announced an energy storage system (ESS) solution having until now predominantly focused on batteries for the electric vehicle (EV) market.
China is targeting a non-hydro energy storage installed capacity of 30GW by 2025 and grew its battery production output for energy storage by 146% last year, state media has said.
Energy storage could garner a market share of one-third by 2025 for the new, pan-European automatic frequency restoration reserve (aFRR) market, which is set to launch in the middle of this year with France and Germany mutualising capacity first.
Shell Energy is to access operational rights to a 60MW / 120MWh portion of a new battery storage system under development in south-west New South Wales (NSW), Australia.
Wärtsilä’s GEMS energy management system platform has grown alongside the energy storage sector for more than a decade. We caught up with Andrew Tang, vice president of Energy Storage and Optimisation at Wärtsilä Energy to learn about the importance of software for the uptake of energy storage.
Renewable energy marketplace creates a financial contract that “complements” existing power purchase agreements (PPAs) between corporations and developers.
Stationary energy storage in support of electric vehicles (EVs) charging could reach a global installed capacity of 1,900MW by the end of 2029 according to a new Guidehouse Insights report.