News
NeoVolta raises US$23 million for Georgia battery pack and BESS manufacturing facility
1+ hour, 41+ min ago (473+ words) San Diego-based home battery storage company NeoVolta has raised approximately US$23 million in gross proceeds through two financing transactions to support its 2GWh battery energy storage system (BESS) manufacturing joint venture (JV) in Georgia, US. The US$23 million was raised in…...
Planning barriers ‘threaten to stall momentum’ in UK battery storage market
2+ hour, 10+ min ago (702+ words) The UK just saw its biggest year of grid-scale battery storage deployments, but planning barriers "threaten to stall momentum," according to one expert. Kevin Byrne, battery energy storage system (BESS) consultancy manager at Enertis Applus+, recently wrote that while the…...
Vietnam's BESS breakthrough: A turning point for energy storage across ASEAN
4+ hour, 39+ min ago (628+ words) Vietnam is confronting barriers to energy storage deployment, setting an example for the wider ASEAN region, writes Sunita Dubey. The markets are facing a problem in which cost reductions and technological capabilities are advancing faster than policies and regulations. Across…...
'Beyond a lithium-only future': How US trade rules could accelerate BESS diversification
3+ day, 6+ hour ago (525+ words) Energy-Storage.news Premium hears from Giovanni Damato, President of organic flow battery company CMBlu Energy, Inc., on changes to FEOC and Section 301 tariffs. US restrictions on foreign entities of concern (FEOC) and the planned Section 301 tariff hike to 25% on Chinese-origin…...
EnergyAustralia reaches financial close on 250MWh BESS in South Australia
3+ day, 7+ hour ago (483+ words) Major Australian energy generator-retailer EnergyAustralia has reached financial close on its 250MWh Hallett battery energy storage system (BESS) in South Australia. The project, located in the Goyder region, will now move into the delivery phase, with construction set to begin in…...
‘The cost declines in lithium-ion tech provide very attractive pricing’: ASL on NSW's recent 12GWh LDES tender
3+ day, 18+ hour ago (609+ words) Some of the cost declines that lithium-ion batteries have seen have enabled some very attractive pricing," Thimo Mueller, general manager, commercial at ASL, tells ESN Premium. These thoughts stem from the success of lithium-ion battery energy storage systems (BESS) in…...
Potentia achieves financial close for ‘Canada’s largest BESS’
4+ day, 3+ hour ago (333+ words) Potentia Renewables has successfully closed financing for the Skyview 2 battery energy storage system (BESS) in Edwardsburgh Cardinal, Ontario, Canada. The project is owned by the Power Sustainable Energy Infrastructure Partnership (PSEIP) and the Algonquins of Pikwakanagan, with Potentia acting as…...
Hanwha and Morrison’s Chrysalis partner for 3.5GW of solar and storage in North America
4+ day, 3+ hour ago (455+ words) A US$30 billion infrastructure giant has just backed a partnership to bring 3.5GW of solar and energy storage to North America. Hanwha Renewables and Chrysalis Renewables have partnered to accelerate the deployment of construction-ready and operational renewable energy projects worldwide, with…...
Tesla set to launch vehicle-to-grid programme in the US
4+ day, 3+ hour ago (326+ words) Tesla is set to officially launch its first vehicle-to-grid (V2G) programme in the US soon. The Powershare Grid Support Program, announced by Tesla Energy, will enable Cybertruck owners in select Texas markets to earn money by sending power back to the…...
EVE Energy: World's first 628Ah ultra-large battery energy storage station connected to grid
4+ day, 7+ hour ago (372+ words) EVE Energy: World's first 628Ah ultra-large battery energy storage station connected to grid'Energy-Storage.News EVE Energy: World's first 628Ah ultra-large battery energy storage station connected to grid EVE Energy has announced that the world's first 400MWh energy storage station utilizing its 628Ah ultra-large battery…...