The increasing cost-competitiveness of LFP battery cells has made first life batteries more attractive than second life ones, Finland-based BESS solutions firm Cactos told Energy-Storage.news after a €26 million (US$28.5 million) fundraise.
Vertically integrated solar PV company Canadian Solar has sold a grid-scale battery energy storage system (BESS) project in South Australia to Epic Energy.
Mobile battery energy storage systems offer an alternative to diesel generators for temporary off-grid power. Alex Smith of Moxion looks at some of the technology’s many applications and scopes out its future market development.
The new system integrator arm of South Korean battery and storage system manufacturer LG Energy Solution has already racked up 10GWh of project orders in the US.
Key contracts have been signed for the first-ever grid-scale battery storage project in Namibia, signifying the African country’s dedication to modernising its energy infrastructure, according to a top local official.
Copenhagen Infrastructure Partners (CIP) has embarked on the first of several planned large-scale battery energy storage system (BESS) projects in Australia.
After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.
