The Energy Storage Report 2024

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

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April 10, 2024
The BESS industry is looking at ways to leverage the 45x tax credit for domestic cell manufacturing in the US, with the domestic content investment tax credit (ITC) bonus still unclear.
February 5, 2024
Independent power producer (IPP) Neoen has launched construction on a 93.9MW/93.9MWh battery energy storage system (BESS) in Sweden, the largest in the country.
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January 30, 2024
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.
December 27, 2023
A roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have has reported on this year.
December 19, 2023
Utility and IPP Engie has commissioned a 100MW/100MWh battery energy storage system (BESS) while Gore Street has enlisted Nidec as EPC partner for a 75MW project, both in the ERCOT, Texas market.
November 20, 2023
Bids have been received by Latvia’s grid operator AST for an 80MW/160MWh BESS project while developers Corsica Sole and Everon will build a 200MW system in Estonia, as the Baltic region prepares to decouple from Russia’s electricity system in 2025.
September 12, 2023
Verkor, a company building a lithium-ion gigafactory in France, and system integrator Nidec ASI will together produce up to 10GWh of battery energy storage systems (BESS) to 2030.
January 10, 2023
France-headquartered independent power producer (IPP) Neoen has given system integrator Nidec ASI the green light to start work on a 40MW battery storage unit in Sweden, Neoen’s first in the country.
December 6, 2022
Norwegian lithium-ion gigafactory firm FREYR has raised over a quarter of a billion dollars and completed the previously-announced JV with Nidec Corporation to develop energy storage solutions.
October 26, 2022
Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, has won a contract to deploy 5.4GWh of battery energy storage systems in its home market.

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