Yotta Energy launches ‘panel-level storage’ package for C&I solar
U.S. storage and inverter specialist Yotta Energy says its new package has several advantages compared to conventional C&I solar storage solutions.
pv magazine interview: ‘Good time to be battery storage developer’
At Intersolar Europe 2024, ESS News spoke with George Hilton, research and analysis manager at S&P Global, about the state of play in the battery energy storage supply chain and falling prices. According to Hilton, the overcapacity at every level of the supply chain has led to prices that are no longer sustainable for many market players. Meanwhile, technological innovation has led to an unprecedented variety of battery storage technologies on offer, and for a great number of markets the right time to jump in is now.
U.S. grid-scale storage grows 84%, residential storage 48%
Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage, while commercial and industrial storage slowed.
Commercial real estate to host VPP-connected flywheels and batteries
U.S.-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.
Zinc-ion batteries: A less volatile alternative?
At a time of growing demand for battery energy storage, pv magazine spoke with Eloisa de Castro, CEO of Enerpoly, a Swedish company preparing to launch the world’s first zinc-ion battery megafactory on its home turf. Having solved rechargeability issues, the company expects its safe and sustainable zinc-ion batteries, which rely solely on a European supply chain, to increase their market share in the years to come.
Sunrise brief: Battery energy storage tariffs tripled; domestic content rules updated
Also on the rise: Bringing lithium-sulfur batteries closer to commercialization. Largest solar project in Wyoming moves forward. And more.
Battery energy storage tariffs tripled; domestic content rules updated
Breaking down U.S. market impacts on energy storage from recent policy changes with insights from Clean Energy Associates.
IEA calls for sixfold expansion of global energy storage capacity
The International Energy Agency (IEA) has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
Booming U.S. energy storage installation grows 90% year-over-year
Lowered costs, easing supply chains and steady demand continued the energy storage boom, said a report from Wood Mackenzie.
Venture capital funding in energy storage increases 59% year over year
Mercom Capital reported the U.S. invested $9.2 billion of venture capital in energy storage in 2023.
