Independent renewable energy asset producer Neoen will build a 30MW / 30MWh grid-connected battery energy storage system (BESS) in Finland to help integrate the growing capacity of local wind energy.
Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
A group of 11 community-focused energy utility groups in California have issued a Request for Information on long duration energy storage technologies that could be connected to the California Independent System Operator (CAISO) grid.
Analysis firm Wood Mackenzie has held onto its forecast that the US will deploy around 7GW of energy storage annually by 2025 and found that 97.5MW / 208MWh of storage was installed during the first quarter of this year.
QCELLS has invested AU$5 million (US$3.45 million) in SwitchDin, an Australian distributed energy resources (DERs) software company that offers capabilities including virtual power plant aggregation and microgrid-forming.
A former Tesla head of products has said that his new start-up’s redesign of the humble electrical panel offers “breakthrough interaction with home batteries,” and can streamline both labour and component costs of energy storage installations.
Another three developers with more than a gigawatt-hour of wins in Hawaiian Electric’s (HECO’s) massive solar-plus-storage and standalone energy storage tenders have gone public with size and location details of their proposed projects.
Battery energy storage deployed at Cleve Hill, the largest solar farm planned in the UK to date, will be installed and operated in line with a safety plan agreed with local fire services and the national Health and Safety Executive.