Renewables investment and development group Nala Renewables is developing four new battery energy storage system (BESS) projects in New York state totalling 280MW by mid-2024.
Investor-owned utility SDG&E is turning its first lithium iron phosphate-based battery energy storage system (BESS) online today, while Stanford university says it has hit 100% renewable electricity with the offtake from Goldman Sachs’ recently-commissioned Slate solar-plus-storage project.
A total of 1,613MW/4,727MWh of energy storage was installed in the US in the last quarter of 2021 according to Wood Mackenzie, which says annual residential storage installations will hit 2GW by 2026.
KORE Power, a company building a lithium-ion gigafactory in Arizona, has launched a full service storage integrator division with the acquisition of an existing provider.
Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.
Wisconsin investor-owned utilities Madison Gas and Electric (MGE) and WEC Energy have received regulatory approval to buy a 200MW solar and 110MW battery energy storage system (BESS) in Kenosha County.
