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Australia: Large-scale battery storage investments break billion-dollar barrier in Q2

August 24, 2023
More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.
Alfen's containerised BESS solution, TheBattery Elements. Image: PRNewsfoto/Alfen B.V.

‘Breakthrough year’ for battery storage at European smart energy solutions provider Alfen

August 23, 2023
Alfen has reported a 526% year-on-year increase in half-year revenues for its battery energy storage business segment.
Inside a national demonstration project for compressed air energy storage using underground salt caverns developed by Tsinghua University in China, one of the filers of patents in the technology class. Image: Tsinghua University Dept of Electrical Engineering.

Leaders in patent activity for non-electrochemical energy storage technologies

August 23, 2023
Ben Lincoln, energy expert at intellectual property law firm Potter Clarkson, looks at patent filing activity in energy storage technologies outside the world of electrochemical batteries.
A wind turbine on the coast of Jeju Island, South Korea, pictured in 2014. Image: Republic of Korea. Ministry of Culture, Sports and Tourism Korean Culture and Information Service Korea.net (www.korea.net) Official Photographer : Jeon Han This official Republic of Korea photograph is being made available only for publication by news organizations and/or for personal printing by the subject(s) of the photograph. The photograph may not be manipulated in any way. Also, it may not be used in any type of commercial, advertisement, product or promotion that in any way suggests approval or endorsement from the government of the Republic of Korea. If you require a photograph without a watermark, please contact us via Flickr e-mail. --------------------------------------------------------------- 월정리 해수욕장 2014-11-27 제주시 구좌읍 월정리 문화체육관광부 해외문화홍보원 코리아넷 전한

South Korea offers central market contracts for 260MWh energy storage in Jeju Island tender

August 23, 2023
South Korea last week launched a competitive solicitation for large-scale energy storage systems on Jeju Island, a southern province of the country.
Three SSE representatives in high-visibility workwear put a shovel in the ground to inauguration construction.

SSE begins construction on 150MW/300MWh BESS in northern England

August 23, 2023
SSE Renewables has broken ground on its 150MW/300MWh battery energy storage system (BESS) in West Yorkshire, England, UK.
enel green power chile

Enel Green Power starts building solar-plus-storage with 67MW BESS in Chile

August 22, 2023
Enel Green Power Chile has started construction on a solar-plus-storage project with a 67MW battery energy storage system (BESS).
ACCURE's three co-founders. CEO Dr Kai-Philip Kairies (right) said the BESS industry is "adopting a data-centric approach to safety". Image: ACCURE

HSBC Asset Management among investors in battery data analytics provider ACCURE

August 22, 2023
ACCURE has raised €7.2 million for its analytics solutions that can enable a “proactive approach to safety” in the battery storage industry.  
northvolt

Northvolt raises US$1.2 billion and produces first BESS at Poland plant

August 22, 2023
European gigafactory firm Northvolt has started producing battery energy storage systems (BESS) at its Northvolt Dwa facility in Poland, while also securing a US$1.2 billion convertible note.
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The challenges for BESS optimisation firms

August 22, 2023
While the demand for third-party battery energy storage system (BESS) optimisation services looks set to grow substantially, challenges for companies specialised in offering those services remain.
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AGL, Wärtsilä complete 250MW Torrens Island BESS project in South Australia

August 22, 2023
Australia’s second largest battery storage facility has been brought into commercial operation by project owner AGL and system integrator Wärtsilä.

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