Would-be battery manufacturers that could serve the US energy storage industry with domestically made cells are facing a “perfect storm,” Energy-Storage.news has heard.
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
We hear from industry sources about the reasons for, and implications of, the increasing convergence to the 20-foot, 5MWh+ container as the dominant grid-scale BESS product today.
System integrator Wärtsilä will provide the state-owned utility on the Carribean island of Curaҫao with a battery energy storage system (BESS) of 25MW/25MWh.
The first quarter of 2024 saw declines in US utility-scale energy storage deployments and revenues for US-based or focused system integrators, but the long-term pipeline and outlook remains healthy.
Wärtsilä’s Q1 net sales in its energy storage and optimisation (ES&O) business division fell 75% year-on-year, with revenues to be recognised as projects move toward completion later in the year.
The BESS industry is looking at ways to leverage the 45x tax credit for domestic cell manufacturing in the US, with the domestic content investment tax credit (ITC) bonus still unclear.
The noise of battery energy storage system (BESS) technology has “exploded” as a concern in the last six months, an executive from system integrator Wartsila ES&O said.
