Substantial growth in China’s domestic energy storage market has led to locally-based players Sungrow and Hyperstrong becoming top five system integrators globally, S&P Global Commodity Insights said.
The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.
Battery energy storage system integrator Powin has acquired EKS Energy, a provider of advanced power electronics and energy management solutions for energy storage and renewables.
New Fluence CEO Julian Nebreda is likely to oversee a period with less rapid top-line growth but a greater emphasis on making that growth profitable, an equity analyst told Energy-Storage.news.
LG Energy Solution has acquired NEC Energy Solutions (NEC ES), the NEC Corporation subsidiary focused on energy storage which announced its exit from the industry last year.
Energy-Storage.news proudly presents this sponsored webinar with Honeywell, where we talk about the potential for battery energy storage across the Asia-Pacific region and how to address concerns around risk and bankability that hold back a powerful wave of decarbonisation opportunity.
While 2020 may have been and gone, the strange times we’re collectively experiencing certainly have not. Looking back at least gives us an opportunity to reflect on the lessons learned during the past year or so and Aaroh Kharaya, product manager at solar PV and battery storage quality assurance, supply chain management and engineering services firm takes us through his top takeaways from a time that we may otherwise seek to forget.
Vertically-integrated solar PV company Canadian Solar won nearly 1GWh of battery storage contracts in 2020 and CEO Shawn Qu has said it expects to “capture around 10% of the battery storage market in the US alone” during this year.
Saft has opened its third manufacturing site for energy storage systems (ESS) in Zuhai, China, adding to two existing “strategic hub” facilities in Bordeaux, France and in Jacksonville in the US.
