Power technology firm Wärtsilä has initiated a strategic review of its energy storage and optimisation (ES&O) business, with “all potential alternatives considered” including divestment.
Hitachi Energy has acquired Spanish power electronics and energy management system manufacturer Eks Energy (EKS) from battery storage system integrator Powin.
EVLO Energy Storage, a battery energy storage system (BESS) integrator and manufacturer, has been selected to provide 4-hour duration battery storage solutions to three projects in Ontario, Canada.
A renewable energy subsidiary of the Philippine conglomerate Lopez Group has contracted for the deployment of battery energy storage system (BESS) resources at three geothermal sites.
Prices of lithium and the battery supply chain for energy storage systems are becoming manageable once again, but lead times for transformers and other equipment have greatly extended.
