Mozambique’s energy and mineral resources minister attended a ceremony to mark the start of construction on the first solar project in the country to be paired with utility-scale battery energy storage.
Investment in energy storage in the US has gradually built up momentum, but what will really take it into the mainstream – and when? A panel of financiers discuss their opinions and experiences in this panel session.
Energy storage developer Convergent Energy + Power has signed a long-term agreement with grocery store chain Tops Friendly Market for three large-scale community solar-plus-storage facilities in upstate New York.
Vertically-integrated solar PV company Canadian Solar won nearly 1GWh of battery storage contracts in 2020 and CEO Shawn Qu has said it expects to “capture around 10% of the battery storage market in the US alone” during this year.
Update 2 March 2021: A Trina Storage representative contacted Energy-Storage.news to highlight that while the company is building out production capacity for lithium iron phosphate (LFP) battery cells for stationary energy storage, the major focus of the newly-launched division is on providing full integrated battery energy storage system (BESS) solutions to the renewables and grid storage markets.
The Green Investment Group (GIG), a company owned by financial services group Macquarie, is investing an unspecified sum into esVolta, a US-headquartered developer and owner of utility-scale energy storage projects.