ROUNDUP: ESS Inc iron flow battery C&I deal, Hyundai-UL 2nd life collaboration, Li-Cycle SPAC merger
News in brief from around the world in energy storage.
A product recall has been announced for around 10,000 units of residential battery energy storage systems (BESS) by manufacturer LG Energy Solution Michigan in the US, due to potential fire risks.
Major Australian energy retailer AGL has contracted Finnish technology company Wärtsilä to supply a battery energy storage system (BESS) for a 250MW / 250MWh project at Torrens Island, South Australia.
Grant funding is being made available to help commercialise “emerging, innovative and transformative” renewable energy technologies and projects by the state government of Victoria, Australia.
In mid-July, the 100MW / 100MWh Minety battery energy storage system (BESS) was completed in Wiltshire, southern England. Something of a landmark project for the UK and Europe's battery storage industries, here's what's happened so far, as reported by our sister sites Current± and Solar Power Portal.
Solar investor EGP Australia gets approval for 150MWh Queensland battery while seeking industry exit
Approval has been granted for a 150MWh battery storage retrofit at a Queensland solar farm under development by Elliott Green Power Australia (EGP), a solar investment fund group currently seeking to sell off its assets and exit the industry.
Hydrostor, a Canadian company with projects under development in North America and Australia using its advanced compressed air energy storage (A-CAES) technology, has secured CA$10 million (US$7.99 million) growth capital.
The US’ installed battery storage capacity reached 1,650MW by the end of 2020, but the country is on track to have nearly 10 times that amount by 2024, according to the national Energy Information Administration (EIA).
New York utility Con Edison has issued a request for proposals (RFP) for scheduling and dispatch rights to at least 200MW of energy storage, while its Greater New York subsidiary Orange & Rockland is seeking at least 10MW.
Financing has been secured for two projects that will add nearly a gigawatt-hour of battery storage at California solar power facilities this year, by renewable energy company Terra-Gen and private asset management firm Capital Dynamics.
The pipeline for utility-scale battery storage in the UK has been continually increasing and is now over 20GW across more than 800 projects. A recent surge in submitted applications for battery storage has led to a record breaking quarterly submitted capacity for Q2’21.
California’s government has issued a roadmap for the US state to achieve its long-term goal of 100% clean energy, while an immediate State of Emergency has been declared over concerns the electric system will struggle under heat waves this summer.
A “once-in-a-generation” commitment to invest in the US’ national infrastructure includes financial support for energy storage supply chains and renewable energy deployment, but not the investment tax credit for standalone energy storage.
Primary vanadium producer Largo Resources has closed a deal to supply its first grid-scale vanadium redox flow battery (VRFB) system.
As energy system modernisation and decarbonisation progresses, energy storage could represent between 10% and 25% of India’s total installed power capacity by 2050, while other countries in South Asia including Bangladesh, Nepal and Bhutan also have “significant opportunities” for energy storage.
Solar and solar-plus-storage systems will be installed at two nickel mines in Western Australia for BHP, a supplier to Tesla, while a Rio Tinto ilmenite mine in Madagascar will be powered by a solar-wind-storage hybrid plant.