Author
Jonathan Gifford
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Articles written by Jonathan Gifford
Schmid Pekintaş targets redox flow battery cost reduction with new Turkish gigafactory
Production equipment supplier Schmid is expanding its joint venture with the Pekintaş Group to establish a vanadium redox flow battery production facility with an output of 3 GWh. The factory is scheduled to begin production in 2026.
Dec 20, 2024
Australian utility-scale battery deployment surges past solar, wind – falls short of requirements
Big BESS is booming Down Under, with almost 5 GW of projects under construction in 2024, according Rystad Energy. While encouraging, the analyst reports that the volume remains insufficient to overcome growing rates of renewable curtailment. “We have around 3 GW operational at the moment, but about half of that is still in commissioning. So you still only have 1.5 GW on the market where the average load is 23 GW,” Rystad Energy’s David Dixon tells ESS News.
BloombergNEF: Stationary storage installations surge to 170 GWh in 2024
With expanding market opportunities and declining costs stationary battery energy storage installations are surging. Battery makers are awake to the opportunity, reports BloombergNEF, as stationary batteries account for an increasing amount of deployed capacity.
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Australia’s big battery bonanza
The volume of large-scale battery energy storage projects under construction in Australia passed that of solar and wind projects combined in 2023 and the trend has intensified this year, with batteries attracting federal support. As coal-fired power plants are shuttered, developers and suppliers are enjoying a battery bonanza.