Hitachi Energy has installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands for utility SEV, with substantial benefits to a connected wind farm.
Huge wind power deployments and the limitations of the existing fleet of pumped hydro energy storage (PHES) are driving the battery storage market in Finland, a local system integrator said.
The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.
Developer Available Power and Linxon, a joint venture between engineering firm SNC-Lavalin and Hitachi Energy, are targeting 1GW of battery storage projects in the ERCOT, Texas market.
The US Department of Energy’s Loan Programs Office (LPO) has announced a US$375 million loan to lithium-ion recycling firm Li-Cycle to finance its material recovery facility in Rochester, New York.
DIF Capital Partners, together with ib vogt, has agreed to acquire a 100% interest in the largest UK co-located solar and battery portfolio from Cero Generation and Enso Energy.