Lithium-ion battery market to top $400 billion in 2035
While low prices are making life difficult for manufacturers, especially outside China, demand remains strong for stationary storage and electric vehicle (EV) devices, according to IDTechEx.
Sunrise brief: Average U.S. residential solar project breaks even at 7.5 years
Also on the rise: Hecate Energy advances the BESS project through zoning process in Massachusetts. How our aging grid can manage the surge in solar energy. And more.
1.2 GWh CATL battery progresses through permitting in Massachusetts
Hecate Energy advances the Ward Hill BESS through Haverhill’s zoning process, focusing on wetland classifications surrounding the installation.
Texas set for 1.35 GWh of large-scale BESS
French oil major TotalEnergies and German-owned renewables developer RWE have announced plans for five large-scale batteries in the US state.
U.S. installs 3 GW / 10.5 GWh of energy storage in Q2
The United States continues to set quarterly records for energy storage installations across market segments, said a report from Wood Mackenzie.
Solar-plus-storage dominating future U.S. power grid
A report from Berkeley Lab reveals a significant expansion of solar-plus-storage facilities in the U.S. power plant market, highlighting an evolution from frequency to arbitrage and curtailment mitigation markets. The best is yet to come, as ongoing price decreases are still being absorbed by the market and are already being used to fill the interconnection queues with terrawatts of capacity.
CIP acquires 1 GWh Arizona battery, BrightNight announces 800 MWh Washington project
Two grid-scale standalone battery energy storage system (BESS) announcements in the United States have highlighted the move by utilities to use energy storage to balance their networks and cope with the inexorable advance of renewables.
BLM seeks comment on two large-scale solar projects
Cowboy Solar is a 200 MW project in New Mexico and Copper Rays is a 700 MW project in Nevada.
Firebrick thermal storage for industry could receive $75 million in federal funds
Two projects that would store heat in firebricks for industrial use may receive federal funding, in part because the projects are deemed highly replicable.
2.8 GWh collocated battery storage project lands U.S. government approval
The U.S. Department of Interior has given the green light to Nevada’s largest solar+storage development, the Libra Solar Project. It has also opened a comment period for the Bonanza Solar Project, which features a 195 MW/780 MWh battery storage system.
