Seasoned renewable energy lawyer Adam Walters from Stoel Rives argues that procurement in the battery storage space is currently like a sort of Wild West.
Powin Energy will purchase lithium iron phosphate (LFP) cells from Chinese company EVE Energy and at the same time is “actively in discussions” to try and source cells from US-based facilities for the future.
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Based on the value it provides to grids as shares of renewable energy grow, energy storage is a “very exciting market,” the VP of Goldman Sachs Renewable Power has said.
Two standalone battery energy storage systems (BESS) totalling 200MW of output will be deployed in Texas’ ERCOT market by the energy division at Wärtsilä Corporation.
Vertically integrated solar PV company Canadian Solar will install 75MW / 300MWh of battery energy storage at a California solar power plant owned by Goldman Sachs Renewable Power.
