UK-listed Gore Street Energy Storage Fund has acquired its first asset in California, a 200MW/400MWh battery energy storage system project from developer Avantus.
The problem of changes to battery cell order pricing because of raw material index (RMI) pricing has now improved for energy storage offtakers, EPC firm Burns & McDonnell told Energy-Storage.news.
South Africa could play a big role in the global battery value chain with the potential for 10-15GWh of domestic demand for battery energy storage by 2030, according to a report from the World Bank.
A 60MWh battery energy storage project co-located with an existing solar PV plant has been proposed in Spain, the latest to qualify for a recently-announced €150 million package of grants.
Redwood Materials will get a US$2 billion loan from the DOE’s Loan Programs Office (LPO) for its closed-loop lithium-ion anode and cathode material production plant in Nevada, US.
Testing has started on four battery storage projects in Lithuania totalling 200MW/200MWh provided by system integrator Fluence, with a view to turning the projects online in a few months.
Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.
Developers Fotowatio Renewable Ventures and oEnergy have moved forward with environmental impact assessments (EIA) for two PV co-located battery storage projects in Chile, one of which is an eight-hour lithium-ion system.
Developers Taaleri Energia and Merus Power have partnered to deploy a 30MW/36MWh battery energy storage system in Finland, one of the country’s largest.
