Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
Interest rate rises and longer development timelines have driven a fall in the value of early-stage projects in the US clean energy and energy storage market and a flurry of sell-offs, developer-operator Agilitas Energy told Energy-Storage.news.
US battery developer Delorean Power and the Holden Municipal Light Department (HMLD), a utility in the US state of Massachusetts, have unveiled a new battery storage project in the town of Massachusetts.