Wärtsilä spinning out its energy storage activities and divesting a 50% stake this week reflects difficulties in making the business profitable and synergistic within the wider group activities, analysts said.
Energy-Storage.news Premium speaks with Scott Blalock, general manager, integrated applications engineering, at BESS integrator Wärtsilä Energy Storage.
Western system integrators face a continual ‘squeeze’ in where they add value in BESS and may struggle to keep up with the speed of technology innovation from China, Rept’s Andy Tang said in a video interview with Energy-Storage.news recently.
In this Energy-Storage.news roundup, Hydrostor receives permitting approval for its California project, Hawaiian Electric is set to begin construction on a Maui battery energy storage system (BESS) and Peregrine and Wärtsilä advance construction of a Texas BESS.
Utility Origin Energy has hired Wärtsilä to expand its battery storage installation at the Eraring coal power plant site in New South Wales, Australia.