Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

Creating a wider ecosystem of services and software is essential for system integrators to stay ahead, according to Julian Jansen at Fluence.

Industry-watchers will closely follow how the recently completed acquisition of energy storage system integrator NEC ES by LG Energy Solution pans out.

Powin Energy has signed framework agreements with four developers for 5.8GWh of battery storage solutions to be delivered in the 2022-2024 timeframe. 

Fluence has reaffirmed its guidance of US$1.1 billion to US$1.3 billion revenues for the 2022 financial year, with the company’s CEO claiming expectations were exceeded in the first quarter “despite short-term headwinds”.

Microsoft, Google and 10 other companies have joined the Long Duration Energy Storage (LDES) Council, a CEO-led organisation launched at COP26 in November to push for the global deployment of technologies that can store and discharge energy for eight hours or longer.

Fluence is forming a new company with independent power producer (IPP) ReNew Power, aimed at providing energy storage solutions in India.

Fluence has entered a collaboration with solid-state lithium-metal battery startup QuantumScape, with the pair working together to develop stationary energy storage solutions using the new technology.  

FlexGen Power Systems will deploy 10 battery energy storage systems (BESS) for electric cooperatives in North Carolina, the energy storage technology provider and systems integrator’s home state. 

Bringing you the thoughts of leaders from across the industry in our series of end-of-year blogs.