At COP28 last week, 11 countries joined a global consortium aimed at securing 5GW of battery energy storage deployments in low or middle-income countries.
A national solar energy industry association has criticised the UK government’s newly-released Battery Strategy for paying “insufficient attention” to opportunities presented by battery energy storage systems (BESS).
After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.
The UK government has published its ‘Battery Strategy’, setting out measures to facilitate the growth of a domestic battery industry to support the EV and energy storage system (ESS) sectors.
Cost and availability of raw materials is the biggest among a number of challenges that must be addressed if US-made products will be able to meet demand for battery storage in the country.
The EU has today (23 November) launched a grant funding opportunity worth €4 billion (US$4.4 billion) for upstream and downstream clean energy projects, including energy storage.
Battery storage system integrator FlexGen and battery manufacturer Hithium could be supplying each other with complementary technologies for large-scale battery energy storage system (BESS) projects.
