Two battery energy storage system (BESS) projects in the county of Yorkshire, northern England, have been acquired by Catalyst Capital, a European real estate investor, and Israel-headquartered renewable energy independent power producer (IPP) Econergy Renewable Energy.

We hear from two US companies which are stakeholders in both the present and future of energy storage, in this fourth and final instalment of our interview series looking back at 2021 and ahead to this year and beyond.

Neoen said yesterday that its 100MW / 200MWh battery storage project in the Australian Capital Territory (ACT) is underway, after the developer issued a notice to proceed to its construction partners Doosan Heavy Industries and Construction and Doosan GridTech.

South Korean energy company SK E&S is now the new owner of US utility-scale energy storage developer, owner and operator Key Capture Energy. 

The CEO of Key Capture Energy has said the company will immediately be able to apply lessons learned from a 20MW battery project in New York to its pipeline of much bigger projects in the state to come. 

Broad Reach Power has been valued at over US$600 million as a 50% stake in the US energy storage company changes hands.

What is thought to be Southeast Asia’s largest battery energy storage system (BESS) to date will be supplied to a solar PV-plus-storage project in Thailand by Sungrow. 

Two 100MW battery energy storage system (BESS) projects in Texas have been brought online by independent power producer (IPP) Broad Reach Power, for participation in the Electricity Reliability Council of Texas (ERCOT) market. 

Power has placed an order for battery energy storage system (BESS) equipment with Chinese company SYL Battery for a grid-scale project in California. 

The cost of battery energy storage in the US fell by 72% between 2015 and 2019 and utilities in the country are set to bring 10,000MW of new grid-connected capacity online in the next two years.