Annual deployments of distributed energy storage connected to virtual power plants (VPP) is expected to reach 3GW by 2030, according to research firm Guidehouse Insights.
Ion Storage Systems (ION), a company that has developed a solid state lithium-ion battery technology, has raised a US$30 million Series A to expand its production facility and accelerate its entry into the stationary storage sector.
Norway-headquartered renewable energy group Statkraft is not taking the same bullish approach to Germany’s standalone utility-scale battery energy storage market as others, the company’s head of wind & solar Germany Clause Urbanke told Energy-Storage.news.
Zinc-air battery company e-Zinc has entered into a pilot project collaboration with Toyota Tsusho Canada (TTCI) to trial its energy storage system at a wind farm in Texas.
Simec Atlantis Energy (SAE) has signed a contract with Energy Optimisation Solutions and Quinbrook Infrastructure Partners via the two’s portfolio company Uskmouth Energy Storage (UES) to deliver a new 460MWh UK battery energy storage system (BESS).
Energy conversion equipment specialist Ingeteam has supplied a battery energy storage system (BESS) for the Puertollano facility in Spain, the world’s largest operational green hydrogen plant.
Energy solutions integrator Alfen is building a 12MW battery energy storage system (BESS) with black start functionality for co-location with a wind farm in Finland.
Specialist insurer Altelium has launched a new ‘all risk’ battery energy storage system (BESS) insurance solution, in partnership with global insurer and reinsurer MS Amlin.
Siemens’ international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW.
