Battery storage warranties are complex and inflexible and can add ‘prohibitive’ costs and risks for some asset owners, according to ACCURE Battery Intelligence.
Another edition of our irregular news in brief feature: Eos Energy Enterprises closes a US Department of Energy loan deal, UBS picks an AI-driven asset optimiser and financial close for a solar-plus-storage project at an Arkansas steel rebar plant.
The US battery storage system integrator arm of Korean battery manufacturer LG Energy Solution (LG ES) has signed a 4-year supply deal with developer Terra-Gen.
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The energy storage industry is seeing a significant shift “toward deeper integration of battery analytics into daily operations,” the CEO of ACCURE has said.
System integrator Stem Inc has seen huge falls in quarterly revenue and bookings as it shifts its business model away from BESS hardware solutions towards higher-margin software and service offerings.
Specialist renewable energy insurance company kWh Analytics considers thermal runaway to still be the single most important risk that energy storage system developers must consider.
AI-driven asset management startup Proximal Energy has been selected by investor Excelsior Energy Capital to optimise a fleet of battery storage projects in the US.
Cloud-based battery analytics provider ACCURE is monitoring a fleet of large-scale battery storage systems in Germany for Iqony, a subsidiary of utility Steag.
