Global news, analysis, and opinion on energy storage innovation and technologies – Energy-Storage.News
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At the SNEC, the world’s largest solar PV and energy storage trade show, large-format lithium cells were the focus as the race for large-cell technology ramps up, driven by Chinese manufacturers.
Powin faces challenges competing against these Chinese OEMs, especially as the industry contends with various headwinds that have significantly impacted its operations.
In India, the Solar Energy Corporation of India (SECI) has launched a major tender for solar-plus-battery energy storage systems, while the Central Electricity Authority (CEA) has introduced safety regulations for battery energy storage systems (BESS).
In Australia, the Australian Energy Market Operator (AEMO) is on the lookout for 6-hour duration energy storage assets to enhance grid reliability as coal-fired power generation declines.
In Canada, Sonnen has launched its first virtual power plant (VPP) in collaboration with utility Epcor, electric retail provider Solartility, the University of Alberta, and construction firm Landmark Homes. This project is described as a unique hybrid of existing US projects.
In Spain, BW ESS and Ibersun have formed a joint venture to develop and deploy a massive 2.2GW of BESS projects.
In a significant development for the US clean energy landscape, US Senators are expected to vote on a critical tax reconciliation bill that could heavily impact clean energy tax credits.
In South Africa, the 612MWh Red Sands BESS project, developed by Globeleq and African Rainbow Energy, has reached commercial closure, marking a milestone in the region’s energy storage capabilities.
Karnataka’s energy minister emphasized the importance of energy storage for harnessing solar and wind power during the inauguration of India’s first fully automated battery storage factory.
In New South Wales, Samsung C&T has submitted plans for a 100MW/400MWh BESS to comply with the Environment Protection and Biodiversity Conservation (EPBC) Act.
The US Department of Energy has announced funding of up to $15 million for three energy storage technologies aimed at enhancing backup power and resiliency for critical facilities.
In Australia, the ACE Power project has received EPBC clearance for a BESS of up to 8,000MWh in New South Wales.
As the battery storage market expands, Gridbeyond has begun optimizing BESS in Japan, citing a fresh market with significant potential returns.
The Australian Energy Regulator has approved the conversion of Basslink into a regulated transmission service, which could enhance pumped hydro energy storage (PHES) development.
The Australian Energy Market Commission (AEMC) anticipates reliability gaps in South Australia and New South Wales between 2026 and 2028 due to the rapid growth in battery storage.
In California, Fengate Asset Management and Alpha Omega Power have successfully reached commercial operations for their 100MW/400MWh Caballero battery energy storage system after extensive fire safety training.
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Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/advancements-and-trends-in-global-energy-storage-technologies-and-markets/
