Convergent Energy + Power has commissioned an industrial battery energy storage system (BESS) project in Ontario which could save the facility owner CA$450,000 (US$356,000) per megawatt on power costs during summer.
Seasoned renewable energy lawyer Adam Walters from Stoel Rives argues that procurement in the battery storage space is currently like a sort of Wild West.
Lithium-ion battery manufacturer Samsung SDI has claimed an industry first, passing UL9540A test certification for the safe installation of stationary energy storage systems (ESS), with particular regard to the fire risk posed by thermal runaway.
As it prepares to break ground on a ‘Gigafactory’, energy storage system provider Tesvolt has said that gaining certification across diverse regions remains the biggest challenge in forming strategy today.
Chinese solar inverter manufacturer Sungrow not only continues to lead the global market for inverter shipments, the company’s energy storage business enjoyed huge growth in revenue during 2018.
Topics previously off-limits due to commercial sensitivity or just a lack of experience from the field, were explored in depth at this year’s Energy Storage Summit in London.
South Korea’s Doosan Heavy Industries will install a 70MWh standalone energy storage system at its own facilities in Changwon, as well as a smaller battery installation co-located with solar PV.
Various companies in the Hyundai engineering and industrial construction group will work together on a 65MW solar PV plant with 130MWh of co-located battery energy storage in Seosan, South Korea.
A new study from Navigant Research into the strategy and execution of various lithium-ion battery providers in the utility-scale energy storage industry identified Korean companies LG Chem and Samsung SDI as “leaders” of a rapidly-growing sector.
