Element Energy’s large stock of batteries for second life energy storage are mostly LG batteries recalled from EVs in the last few years due to fire safety concerns, a source told Energy-Storage.news.
Two leading developers of energy storage resources in New York explain what the industry can get excited about as the market develops – and what it should be wary of.
It is “unacceptable” for a rural electricity supplier to use solar to prevent load-shedding, but batteries or other grid-independent electricity sources could be used, Eskom said.
Vertically integrated energy storage company Kore Power will replace the batteries in a battery energy storage system (BESS) originally turned online with BYD batteries in 2015.
US battery storage developer and long-term management firm Spearmint Energy is “a little bit distrustful” of the “black box” of optimisation, its head of trading told Energy-Storage.news.
Pomega is selling the future offtake from its South Carolina ESS gigafactory into a market with “a lot of scepticism about whether US battery cell production is viable”, its VP business development told Energy-Storage.news.
There is a long way to go before the new standalone storage investment tax credit (ITC) starts to really make a dent in the market, speakers and delegates at the Energy Storage Summit USA last month said.
