A cost recovery application for 90MW of battery storage, filed by Barbados Light & Power Company (BLPC), has been only partially approved by the eastern Caribbean island nation’s regulator.
New rules which will reduce grid fees in the Netherlands by providing ‘non-firm agreement’ (NFA) connections as well as time-weighted rates could improve returns and double projected BESS deployments, an analyst has said, though a project owner was less openly optimistic about it.
Stem Inc has reaffirmed guidance of positive adjusted EBITDA for 2024, despite starting the year with a 62% year-on-year decrease in reported revenues and a fall in bookings.
Europe appears to be slower and less bold than other markets like the US when it comes to financial support for upstream battery material projects like lithium refining, a company looking to invest half a billion euros in an EU project told Energy-Storage.news.
Iron flow battery company ESS Inc will provide Nigeria-based IPP Sapele Power 1MW/8MWh of its systems, it announced while also revealing its first quarter financials.
Storage developer and operator Lightshift Energy will deploy numerous distributed BESS projects totalling 50MW for various utilities via the Massachusetts Municipal Wholesale Electric Company (MMWEC).
Here’s news in brief from around the world in energy storage with liquid metal battery maker Ambri, a German government-funded sodium-ion initiative, and ESS Inc’s iron flow battery project at Amsterdam.
Asset management and operations & maintenance (O&M) teams should be able to work collaboratively to ensure project success, writes Cellect Energy’s Venkateshwer Acharya.
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The UK residential energy storage market has moved from primarily being about coupling with solar PV to one where users seek to take advantage of time-of-use tariffs, solutions provider GivEnergy told Energy-Storage.news.
