Saft has won a turnkey contract for a 7MWh battery energy storage system (BESS) in a Norwegian archipelago which it claims is the largest in the Arctic.
Guidehouse Insights says that the annual power capacity deployments of battery-based residential energy storage systems (RESS) are expected to grow at a CAGR of 21.3% from 2021 to 2030 globally.
Following last year’s acquisition, independent power plant developer Green Frog Power has rebranded as Pulse Clean Energy and unveiled a target of 1GW+ of energy storage assets in the UK.