We caught up with the president of system integrator PotisEdge following news of its acquisition by Longi, which marks the Chinese solar PV giant’s move into the energy storage industry.
In the rapidly evolving US energy storage sector, companies must navigate a complex web of policy changes, supply chain challenges, and evolving customer needs.
US residential solar and energy storage installer Sunrun has posted revenue of US$724.6 million in the third quarter of this year, as the company implements its “storage-first strategy”.
The US development arm of Milan, Italy-headquartered developer Nadara has encountered a setback in its pursuit of a 200MW hybrid BESS destined for Arizona.
India’s Adani Group has made its first entry into the battery storage market, announcing a ‘flagship deployment’ that will be the country’s largest project so far when completed.
Hassan Allam Utilities and Infinity Power have signed agreements with Egypt’s Ministry of Electricity and Renewable Energy and the Egyptian Electricity Transmission Company for two renewable energy projects in the country.
The European Bank for Reconstruction and Development (EBRD) has provided US$142 million in financing for the construction of a 1GW solar and 1.3GWh battery energy storage system (BESS) portfolio in Uzbekistan.
Victoria’s home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D’Ambrosio.
