North America is currently leading the world for utility-scale energy storage deployments, but could be overtaken by the second-largest market, the Asia-Pacific region, as early as 2023, according to forecasting and analysis by Guidehouse Insights.
Europe’s residential battery energy storage systems (BESS) market is expected to continue its upward trajectory in the coming years after 745MWh of additional capacity was installed in 2019, representing a 57% increase year-on-year.
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.
The government of Canada unveiled CA$10 billion (US$7.53 billion) worth of “new major infrastructure initiatives” last week, with the inclusion of energy storage warmly welcomed by trade group Energy Storage Canada.
The government of Western Australia has issued a Request for Information (ROI) for parties interested in working on a 100MW / 200MWh battery energy storage project at the site of a decommissioned power station.
Sonnen founder Christoph Ostermann will be succeeded as CEO by chief operating officer Oliver Koch tomorrow, as the Germany-headquartered energy storage system maker targets its “next growth stage”.
A community choice energy provider run by the San Francisco Public Utilities Commission in California has signed contracts for battery storage with EDF Renewables and NextEra Energy totalling 260MWh, to be deployed in combination with solar PV.
ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
Legislation to help the US economy invest in clean energy jobs and support innovation and industry passed the House of Representatives this week – and Energy Storage Association (ESA) CEO Kelly Speakes-Backman applauded the prominent inclusion of energy storage in the bill.