Could BESS move towards LMFP battery chemistry?
What is LMFP battery chemistry, and why is interest growing in it as a possible alternative to LFP batteries in battery energy storage system (BESS) applications?
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Econergy buys up 106 MW of operational UK battery storage capacity
Independent power producer Econergy has acquired a portfolio of four operational battery energy storage system (BESS) projects in the UK, totaling 106 MW. Under the agreement, disclosed in a filing to the Tel Aviv Stock Exchange (TASE), Econergy said it…
BlackRock Launches ESG-Focused Protected Equity Fund for UK Pension Schemes
BlackRock announced the launch of the ACS World ESG Insights Protective Strategies Fund, an new fund targeted at UK pensions schemes, incorporating sustainability considerations into the investment approach while seeking to mitigate the impact of significant market declines to help…
Return finances 220MWh in Spain, BW ESS buys 800MWh in France
BESS owner-operators Return and BW ESS have financed and acquired large-scale projects in Spain and France, respectively, totalling a little over 1GWh.
AGL seeks approval for 2 GWh battery in Australia
Energy generating and retailing major AGL Energy is seeking approvals under the Australian federal government’s Environment Protection and Biodiversity Conservation (EPBC) Act for a 500 MW/2,000 MWh battery to be built in central Queensland. The proposed Mount Britton battery project comprises a…
Huawei plans price increases of up to 15% for storage equipment
Huawei Digital Power, the energy technology business unit of Chinese technology group Huawei, has notified customers of planned price increases of 5% to 15% across several solar and energy storage product lines. In a customer notice dated Oct. 20 and…
EU going in wrong direction on battery labelling rules, energy storage associations say in joint letter
The European Union is treading the wrong path on battery regulation, according to industry groups from battery, energy storage, electric mobility and adjacent sectors.
Italy authorizes another 480 MW of battery storage
Italy’s Ministry of Environment and Energy Security (MASE) issued two further single authorizations for battery energy storage system (BESS) projects totaling 480 MW on Nov. 2, following nearly 7 GW of approvals over the previous two months. The projects are…
Slovak utility tenders battery for largest pumped hydro plant
Slovenské elektrárne has launched a tender to build a battery energy storage system at Čierny Váh, Slovakia’s largest pumped storage hydropower plant. The utility published the tender last week, with bids due by Nov. 27. It covers battery supply, engineering,…
Gotion shareholders approve €3.22 billion battery JV plans with PowerCo in Europe, Morocco
Chinese battery manufacturer Gotion High-Tech shareholders have approved plans for three joint ventures with Volkswagen Group battery subsidiary PowerCo in Spain, Slovakia and Morocco, involving combined investment of approximately €3.22 billion. The approval, granted on October 20 and disclosed in…