Global battery energy storage system (BESS) integrator Fluence saw a record order intake of US$1.1 billion in the first quarter of its 2024 financial year, but slipped back into a net loss, possibly reflecting seasonality.
After coming down last year, the cost of containerised BESS solutions for US-based buyers will come down a further 18% in 2024, Clean Energy Associates (CEA) said.
Cubico Sustainable Investments has formed a joint venture (JV) with a local developer in Italy to develop 1GW-plus of battery energy storage system (BESS) projects.
While more energy-dense BESS units mean packing more into smaller footprints, they may have additional implications for noise and fire safety, a developer source told Energy-Storage.news.
Energy density is becoming a key tool in optimising the economics of battery energy storage projects as suitable sites become harder to find. Ben Echeverria and Josh Tucker from engineering, procurement and construction (EPC) firm Burns & McDonnell explore some of the considerations of designing projects on constrained land.
Eesti Energi has completed the procurement for its 26.5MW/51MWh BESS, the first of that scale in Estonia, with LG Energy Solution among the successful parties.
IPP Neoen has started construction on a 2-hour 56.4MW/112.9MWh BESS in Finland, in the context of market dynamics which optimiser Capalo AI explained to Energy-Storage.news.
