The capabilities of lithium-ion battery storage in providing long-duration energy storage to global energy systems should not be overlooked, write Kotub Uddin and Sam Secher of Envision.
Lithium-metal battery developer SES AI Corporation has signed a non-binding memorandum of understanding (MOU) with retail energy provider AISPEX to provide up to 100MWh of battery energy storage systems (BESS) at a crypto mining site in Texas, US.
Following his inauguration on Monday morning, US president Donald Trump signed a raft of executive orders outlining his administration’s plans for the next four years.
AES Corporation has brought into commercial operation one of several large-scale renewable energy and battery storage projects in its development portfolio in Hawaii.
The inverters at an upcoming 300MW/600MWh project in Scotland, UK, will enable the asset to deliver inertia that is “essential for the grid to function efficiently”.
Another utility agreement has been signed by Form Energy, the US startup which claims its iron-air battery can provide sufficient stored energy to ride through multiple days of low solar or wind production.
The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.