The second high-profile battery storage failure due to a faulty sprinkler system could mark the beginnings of exclusions from insurance policies if certain providers develop a negative track record, a source said.
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.
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).
An incident which caused batteries to short has taken offline Phase II of Moss Landing Energy Storage Facility in Monterey County, California, the world’s biggest lithium-ion battery energy storage system (BESS) project.
