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Origin Energy will invest around AU$400 million (US$263.7 million) in a battery storage project at the site of one of its gas power plants in the state of Victoria.

We bring you some predictions of what might be in 2024, in the first-ever edition of the Energy-Storage.news Premium Friday Briefing.

It is a “certainty” that all grid-connected energy storage systems will require upgrades to their software, although the reasons for upgrades will be varied, Energy-Storage.news has heard.

Energy storage system integrators are critical to the successful delivery and commissioning of a battery energy storage system (BESS) project, but they are perhaps also best-placed to service the asset once its in operation, argues Ray Saka of IHI Terrasun.

Stem Inc has made a company record US$676 million of order bookings in Q3 2023 and expects to turn a profit during this year.

Sodium-sulfur (NAS) battery storage manufacturer NGK Insulators has formed partnerships aimed at distributed and utility-scale segments.

Global system integrator Fluence has been enlisted by developer Tilt Renewables for a 100MW/200MWh BESS project in Victoria, Australia, the first to deploy the full Fluence product ecosystem, it said.

ACCURE has raised €7.2 million for its analytics solutions that can enable a “proactive approach to safety” in the battery storage industry.  

Energy storage and energy management solutions provider Electriq Power has completed a special purpose acquisition company (SPAC) merger.