Battery energy storage system (BESS) products suitable for utility and large industrial applications have been launched by Powin Energy and Hydro-Quebec subsidiary EVLO.
Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.
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.
SunPower has launched its ConnectedSolutions virtual power plant (VPP), enabling customers in Massachusetts, Rhode Island and Connecticut to earn “hundreds of dollars a year” for allowing utility access to their stored energy during peak demand.
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.
Hitachi Energy has launched a improved and new versions of its PowerStore battery energy storage system (BESS) products, alongside other new and updated products and services in its Grid Edge Solutions portfolio.
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.
A gigawatt-scale factory producing lithium iron phosphate (LFP) batteries for the transport and stationary energy storage sectors could be built in Serbia, the first of its kind in Europe.
Developer Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded.
