The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

megapack

September 21, 2022
A fire at PG&E’s Tesla-supplied Elkhorn Battery energy storage system at Moss Landing is considered fully controlled and road closures and shelter-in-place advisories have been lifted.
September 12, 2022
Three Tesla Megapacks have arrived for installation at a power plant in Hungary, the first energy storage project in the country to use the EV giant’s grid-scale product.
August 10, 2022
The first battery energy storage system (BESS) in New York City using Tesla Megapacks, a 12MWh system in the Bronx by NineDot, has been inaugurated.
July 21, 2022
Tesla deployed more than a gigawatt-hour of battery storage in Q2 2022, but the company has been impacted by component supply issues.
May 11, 2022
A liquid coolant leak caused thermal runaway in battery cells which started a fire at the 300MW/450MWh Victorian Big Battery in Australia.
February 21, 2022
Genex Power has received credit approvals on a AU$35 million (US$25.26 million) debt finance facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia. 
December 8, 2021
The Victorian Big Battery, a 300MW / 450MWh lithium-ion battery energy storage system (BESS) in Australia, has been officially opened by the Minister for Energy, Environment and Climate Change for the state of Victoria. 
November 30, 2021
Wells Fargo has closed its first tax equity investment into a solar project paired with battery storage, a large-scale plant being built in New Mexico, US.
November 18, 2021
Global clean energy group TagEnergy and the UK’s Harmony Energy have announced two grid-scale battery storage projects in England and Scotland to be developed through the pair’s joint venture (JV). 
October 21, 2021
Tesla deployed 1,295MWh of energy storage in the third quarter of 2021 and has recorded a 96% compound annual growth rate (CAGR) in deployments over a four-year period. 

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