Energy storage industry wins another victory

''A very good year'': France toasts rapid energy storage growth

Energy-Storage.news reported a while back on the completion of an expansion at continental France''s largest battery energy storage system (BESS) project. BESS capacity at the TotalEnergies refinery site in Dunkirk, northern France, is now 61MW/61MWh over two phases, with the most recent 36MW/36MWh addition completed shortly before the end of

''Enormous Step'' for Energy Storage as Court Upholds FERC Order

In a victory for the energy storage industry, a federal appeals court has upheld the Federal Energy Regulatory Commission''s Order 841, clearing the way for transmission grid operators across the

Greenko wins 3,000 MWh long-duration energy storage

Greenko wins 3,000 MWh long-duration energy storage tender with pumped hydro. hydroreviewcontentdirectors 12.13.2022. Share. compared with the storage charges in another recent energy storage procurement tender based on battery energy storage systems of ~US$120/MWh. Taking in account the fact that pumped storage can deliver more than one

2GWh! Gotion High-Tech wins international energy storage orders

Gotion High-Tech wins international energy storage orders : published: 2024-06-27 17:50 : From June 18th to 21st, Gotion participated in 2024 The Battery Show Europe and 2024 The Smart E Europe in Germany with full-scenario green energy solutions, which was the first time for Gotion to debut in European exhibitions. the two sides are

European Commission''s Net Zero Industry Act

The Green Deal Industrial Plan is being formulated to stimulate economic activity in the bloc''s clean energy sectors, and is basically considered the EU''s response to the US'' Inflation Reduction Act (IRA).. While an earlier leaked draft of the Net Zero Industry Act (NZIA) had stipulated a target for 85% of batteries deployed annually in the European Union to

SolaX Power Wins SMM Global Tier 1 Award for Battery Energy Storage

HANGZHOU, China, Oct. 13, 2024 /PRNewswire/ -- SolaX Power, the leading solar energy storage solution provider, is proud to announce that it has been awarded the prestigious SMM Global Tier 1

Global news, analysis and opinion on energy storage innovation

3 · Subscribe to Newsletter Energy-Storage.news meets the Long Duration Energy Storage Council Editor Andy Colthorpe speaks with Long Duration Energy Storage Council director of markets and technology Gabriel Murtagh. News October 15, 2024 Premium News October 15, 2024 News October 15, 2024 News October 15, 2024 Sponsored Features

RE+ 2023 exhibition highlights: Energy storage edition-Industry

Over the past two years, the energy storage industry has developed rapidly and gone through tumults across markets and supply chains, such as cell shortage, the war-induced energy crisis and electricity price surge, the influx of companies, the apace technology development, and the fast and comprehensive expansion of energy storage application.

Sunrun Wins Another Capacity Contract for Aggregated Home Storage

A network of residential energy systems will help Oakland, California wean itself off fossil-fueled peakers. East Bay Community Energy, which buys power for Alameda County in Northern California

LG Energy Solution: ''Fully committed'' to US battery storage market

ESN Premium spoke with the system integrator''s CEO Jaehong Park a few months ago, hearing about Vertech''s strategy for the US market, which included a focus on vertical integration and leveraging the assets and knowhow of NEC Energy Solutions, the former industry-leading integrator which LG Energy Solution acquired after parent company NEC

UI energy startup wins White House pitch competition

Cache Energy has developed "a non-toxic, non-flammable, and a fire-retardant long duration energy storage solution in a solid fuel that can also be used to supply process heat/steam to

Proposed tax credit guidance ''provides

With the broad expansion of investment tax credit and production tax credit (PTC) programmes brought in with last year''s Inflation Reduction Act (IRA) legislation and set to remain in place until the early 2030s, there has been great positivity around the US energy storage industry.. This was especially the case as, for the first time, an ITC was introduced for

Latest updates on energy storage trends and technologies

Global energy storage market: H1 2024 installation figures Policy mandates in China have driven the global energy storage market in the first half of 2024 to new highs, backed by the rapid growth in the US market. Meanwhile, Europe posted mixed results. Robin Song, InfoLink Consulting''s energy storage analyst, breaks down the figures.

What Trump victory means for energy | Financial Post

Donald Trump''s victory promises to shake up U.S. energy policy, with sweeping implications for oil, offshore wind and EV sales. Donald Trump signs one of five executive orders related to the oil pipeline industry in the Oval Office of the White House when he was president in 2017. The win empowers him to deliver on his campaign

US energy storage market looks to 45x cell manufacturing tax credit

Just as we reported from the event last year, exactly how to qualify for the 10% domestic content adder to the 48E ITC for using domestically-produced BESS is still unclear, and further guidance is expected on it soon. ''Terribly important'' to access 45X credit . The US$35 per kWh 45X tax credit for battery cell manufacturing (45X) and associated US$10 per kWh for

The Governors'' Wind & Solar Energy Coalition is a bipartisan group of the nation''s governors who are dedicated to the development of the nation''s wind and solar energy resources to meet America''s domestic energy demands in an environmentally responsible manner—while reducing the nation''s dependence on imported energy sources and stimulating state and national

Chint Power Wins Major Awards in Energy Storage Sector

Chint Power Wins Major Awards in Energy Storage Sector. Pageviews：1043 . Release time：2024-01-30. Share. Return list. On January 18th, 2023, the Energy Storage Industry Annual Conference and the Commercial and Industrial Energy Storage Innovation Development Forum convened in Beijing. This significant event gathered industry leaders to

One More Time, With Feeling: GE''s Latest Approach to Energy Storage

Century-old electric technology company GE kicked off 2019 with yet another reorg. The workhorse Power division was split up, to start. Though still a top supplier of the world''s natural-gas

Unlocking Capacity: A Surge in Global Demand for Energy Storage

Projections indicate that by 2024, the new installed capacity for energy storage in the Americas will hit 15.6GW/48.9GWh, marking a year-on-year growth of 27% and 30%,

Eight-hour lithium-ion project wins in California long-duration energy

Energy-Storage.news reported earlier this week as one of those IOUs, Pacific Gas & Electric (PG&E), announced its own agreements with 6.4GWh of four-hour lithium-ion battery projects, including an expansion phase planned at Vistra Energy''s Moss Landing Energy Storage Facility, the world''s biggest lithium-ion battery energy storage system

US Energy Storage Market

The United States Energy Storage Market is expected to reach USD 3.45 billion in 2024 and grow at a CAGR of 6.70% to reach USD 5.67 billion by 2029. Tesla Inc, BYD Co. Ltd, LG Energy Solution Ltd, Enphase Energy and Sungrow Power Supply Co., Ltd are the major companies operating in this market.

Battery storage wins contracts in Poland capacity market auctions

Battery storage projects from Hynfra Energy Storage and OX2 totalling 130MWh have won contracts in energy auctions in Poland this week. A capacity market auction for 2027 from transmission system operator Polskie Sieci Elektroenergetyczne (PSE) closed at PLN 406.35/kW/year (US$93) and handed out long-term contracts to energy resources.