In the past few days, policymakers at the European Union (EU) have made decisions on a couple of key aspects of legislation relating to energy storage that have been welcomed by industry group EASE.
Utility Eneco and Corre Energy have signed an agreement for the latter to deploy a 320MW, 84-hour duration compressed air energy storage system (CAES) in Groningen, the Netherlands.
South Korea’s largest electric utility will try out seven vanadium redox flow battery (VRFB) energy storage systems made by Invinity Energy Systems.
Battery storage developer Spearmint Energy has started building a 150MW/300MWh unit in the ERCOT, Texas market, its first project.
A large-scale renewable energy hub in Queensland, Australia, which will include a 16-hour duration pumped hydro plant has been acquired by Copenhagen Infrastructure Partners (CIP).
During the first China-Arab States Summit last week, Sungrow signed a battery storage supply agreement for Neom, Saudi Arabia’s new ‘smart city’ megadevelopment.
China-based battery cell OEM CATL and UK energy storage investor Gresham House have entered into a long-term agreement for the supply of 7.5GWh of BESS, potentially rising to 10GWh.
The US industry deployed more than 5GWh of energy storage in the third quarter of 2022, the highest Q3 figure on record and close to half the entire amount of storage installed in the country in 2021.
RWE has unveiled plans for an up to 600MW solar development on land in Yorkshire and Lincolnshire, in northern England in the UK.
A 200MW/400MWh battery energy storage system (BESS) has gone live in Ningxia, China, equipped with Hithium lithium iron phosphate (LFP) cells.