Industry
In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.
The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.
In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.
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Latest News
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In Conversation: ‘From the next two years on we start to see battery supply in Europe’
At Intersolar Europe 2024, ESS News spoke with Paul McCusker, President EMEA Region at Fluence, about the company’s regionalization strategy and its ambition to bring locally made products to its customers in Europe. He also spoke about EMEA-region specific technology preferences and requirements, such as noise levels and safety. Additionally, McCusker presented his views on battery price movements and key challenges to market growth.
Swiss second-life battery startup Libattion secures EUR 14 million funding
Libattion, which turns discarded European electric vehicle (EV) batteries into energy storage systems, is planning a big push for growth. The managing director of A&G Energy Transition Tech Fund, the main backer, said the startup provides an economic alternative to the growing problem of waste from EV batteries while offering an “optimal supply alternative for stationary energy storage.”
Overall BESS quality has massively improved, but safety incidents make headlines
Any discussion about the quality of battery energy storage system (BESS) projects must consider safety. This was something that all three of the panelists who participated in pv magazine’s Focus event at The Smarter E in Munich last week agreed upon.
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What to expect at India Energy Storage Week
India Energy Storage Alliance (IESA) is set to host its annual international conference and exhibition event, India Energy Storage Week (IESW), from July 1 to July 5, 2024, in New Delhi. The event is expected to witness the participation of 150+ key partners and exhibitors and 1000+ companies, many of which will be unveiling major battery storage plans.
In Conversation: Wärtsilä’s strategy of concentration
Go big or go home might be the new motto in the battery energy storage industry, but some players are taking a more thoughtful approach. pv magazine ESS News caught up with Wärtsilä Energy Storage & Optimisation (ES&O) at last week’s Smarter E in Munich to discuss its business and technology strategies.
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The Mobility House, GESI to deliver 8 GW of battery storage in Germany
The portfolio is to be implemented by a joint venture between the two companies by 2035. The Mobility House will contribute its experience in commercilization of the batteries, while GESI will handle project coordination and financing.
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In Conversation: Weight – a new challenge for BESS in Europe
Driven by the demand for higher efficiency and cost reduction, large-scale battery energy storage systems are increasigly featuring higher capacity cells. This has given rise to new challenges on the logistics front, particularly on the European soil. pv magazine ESS News caught up with Trina Storage at last week's Smarter E show to discuss this.
Plans for BESS assembly plant in Nigeria
RIPLEnergy Company has signed a Memorandum of Understanding with GIB EnergyX Slovakia s.r.o. to co-develop an assembly plant in Nigeria. The new plant should supply Battery Energy Storage Systems (BESS) in support of RIPLE’s Renewable Energy investments to supply commercial and industrial demand for 24/7 electricity.
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