The CEOs of Fluence, Gore Street, Gresham House and six others have penned an open letter calling on policy makers in Europe to set adequate targets and policy frameworks for the deployment of energy storage.
Battery energy storage systems (BESS) cost base has increased 25% in the past year, the head of storage for global energy technology group Wärtsilä told Energy-Storage.news.
Energy technology company Wärtsilä is supplying 500MW/2,000MWh of battery energy storage systems (BESS) to PV projects operated by Clearway Energy Group in Hawaii and California, US.
Volkswagen has started construction of its 40GWh battery cell gigafactory in Salzgitter, Germany, and the company plans to dedicate capacity to grid-scale energy storage in future.
KULR Technology Group, a developer of battery safety and thermal management technologies, is buying 75MWh of batteries from a subsidiary of Taiwan Cement Corporation (TCC).
German home energy storage and virtual power plant (VPP) company sonnen has deployed 86 of its ecoLinx batteries in a new-build complex in Florida, US.
European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.
Some anticipated lithium-ion battery gigafactory projects in Europe are quietly revising their plans and may not open at all, according to the head of energy storage for research and consulting company Delta-EE.
