Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.
The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a series of grid-connected projects.
Three Tesla Megapacks have arrived for installation at a power plant in Hungary, the first energy storage project in the country to use the EV giant’s grid-scale product.
Utility and power company AES Corporation has brought the Lancaster Area Battery (LAB), the second portion of a combined 908MWh battery energy storage system (BESS) complex in California, online.
Construction has started on a project in Ireland pairing a battery energy storage system (BESS) with a synchronous condenser, developed by Lumcloon Energy and Hanwha Energy.
German home energy storage and virtual power plant (VPP) company sonnen and solar contractor ES Solar are expanding a Utah and Idaho VPP program to include up to 35MWh of residential batteries by the end of the year.
System integrator FlexGen will provide energy storage systems and optimisation software for a 100MW portfolio recently acquired by investment fund manager SUSI Partners from SMT Energy.
Duke Energy and Agilitas Energy have completed utility-scale battery energy storage system (BESS) deployments in the US states of Florida and Rhode Island, respectively, totalling 14MW of power.
