The BESS will be a standalone lithium iron phosphate system that will charge up to 150 MW of electricity with a two-hour duration.
The company’s patented Geomechanical Energy Storage technology uses excess electricity from the grid to store water beneath the ground under pressure, delivering that energy later to provide reliable power to the grid.
There is a gap in the market for long-duration energy storage (LDES), according to US-based manufacturer ESS Inc. – one which can’t be plugged with lithium-ion chemistry. Hugh McDermott, of ESS Inc. tells pv magazine how he thinks iron flow batteries fit into the energy system of the future, as the company pursues global expansion.
Publicly-traded ESS Tech announced it received an investment from the Export-Import Bank of the United States to expand its manufacturing capacity in Oregon.
Also on the rise: NY invests $5 million in long-duration energy storage. Solar-powered bus depot features green hydrogen production. And more.
NYSERDA is allocating $5 million to fund up to 50% of project costs for developing energy storage systems capable of operating for 10 to 100 hours, addressing key integration challenges and promoting viable economic products within New York’s energy grid.
Also on the rise: Are false pretenses driving solar cell tariff case? Long-duration energy storage poised to outcompete lithium-ion batteries. And more.
Also on the rise: New Jersey farm studies agrivoltaics with vertically mounted solar. Solar is beginning to sunset natural gas use in Texas. And more.
The Department of Energy Office of Electricity announced recipients of the $15 million in EarthShot funds directed to accelerate development, commercialization and use of next-generation energy storage solutions.
Alternatives to lithium-ion batteries are likely to emerge, according to a report on IDTechEx.
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