The 2020s are “the energy storage decade,” and the world will surpass a terawatt-hour of installations by the time they are over, according to predictions made by analysts at BloombergNEF.
A 225MWp / 450MWh battery energy storage system (BESS) project has been granted development approval by the Minister for Planning and Local Government in South Australia.
Honeywell has created a flow battery which it will deploy in pilot projects of increasing size starting next year. Honeywell Sustainable Technology Solutions (Honeywell STS) vice president and general manager Ben Owens spoke with Energy-Storage.news about it.
Companies in the battery storage sector attracted US$11.4 billion in corporate funding in the first nine months of 2021, a 363% rise on the same period of last year.
China has once again been ranked top for involvement in the global lithium-ion battery supply chain by BloombergNEF, but for the first time the US has come in second amid a policy rush to support the domestic industry.
Global equipment manufacturer Caterpillar has supplied hybrid energy solutions technology including 7.5MW of battery storage to the microgrid powering a gold mine in the Democratic Republic of the Congo (DRC).
After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.
Work has started at a battery storage site lauded as the largest of its kind under construction in the UK by developers Harmony Energy and Fotowatio Renewable Ventures.
