Chinese industrial automation and power technology firm Inovance Technology has filed its prospectus with the Hong Kong Stock Exchange, planning to raise around US$2 billion (RMB 13.7 billion) following strong growth in its energy storage business.
Rimac Energy is deploying its first pilot projects after announcing its entry into the energy storage system (ESS) market one year ago, and we caught up with its head of business development while at the Energy Storage Summit EU in London.
Spain-based Ingeteam supplied the power conversion and inverter equipment for the first phase of a 1GW solar-plus-storage project in Mexico, the country’s largest.
Hickory Park Solar project, a 200MW PV power plant in the US state of Georgia, will be equipped with a battery energy storage system that allows the local utility company to maximise the benefit of the renewable resource.
Solar inverter manufacturer Sungrow’s energy storage system integration arm has supplied a DC-coupled lithium-ion battery storage system to a solar farm which went online in northern Japan in December.
Energy storage system integrator and manufacturer Powin Energy has signed a deal to supply its new DC-coupled solutions to developer Amp for projects in the Northeast US.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
Dr Prof John Goodenough, one of the three inventors of the modern lithium-ion battery has congratulated Contemporary Amperex Technology Co Ltd (CATL) as it breaks ground on a new laboratory in China to expand its research and development (R&D) into novel energy technologies.
At this year’s Intersolar Europe/ees Europe event, Ron Shen of GoodWe spoke on camera with our sister site PV Tech. The China headquartered inverter manufacturer, which has recently diversified into adding capabilities such as module-level monitoring and optimisation to its range and launched products specifically aimed at the growing market for bi-facial (two-sided) solar panels, sees energy storage as a critical component of a successful future PV business.
