Enfinite has brought online two more battery assets in a nine-project portfolio in Alberta, Canada, while Elemental Energy has commenced operation of a large-scale vanadium flow battery system.
Prices of lithium and the battery supply chain for energy storage systems are becoming manageable once again, but lead times for transformers and other equipment have greatly extended.
Suppliers of equipment to two landmark battery storage projects in Western Australia have been awarded contracts worth more than a billion dollars from the state’s government.
Verkor, a company building a lithium-ion gigafactory in France, and system integrator Nidec ASI will together produce up to 10GWh of battery energy storage systems (BESS) to 2030.
Ravi Manghani, director of strategy and market analytics at LS Energy Solutions, discusses the impact of the Inflation Reduction Act, one year after its passing.
European gigafactory firm Northvolt has started producing battery energy storage systems (BESS) at its Northvolt Dwa facility in Poland, while also securing a US$1.2 billion convertible note.
Closed-loop pumped hydro energy storage (PHES) has fewer emissions associated with its development, construction and use than other leading options for large-scale energy storage.
