State-owned energy company Stanwell has today (13 August) announced it has started construction on its 300MW/1,200MWh battery energy storage system (BESS) at the coal-fired Stanwell Power Station in Queensland, Australia.
Research firm Wood Mackenzie has released its latest global battery energy storage system BESS integrator report, for 2023, showing the market became more competitive with a smaller share by the top five.
Lion Storage has received a construction permit for a 347MW/1,457MW BESS project while Giga Storage hopes to start construction on a similarly sized one this year, representing a major step forward for the grid-scale energy storage market in the Netherlands.