A roundup of energy storage news from across the EU, involving Polar Night Energy''s ''Sand Battery'' in Finland, GazelEnergie and Q Energy in France, and Spain''s MITECO awarding
AI Customer ServiceWe heard from system integrator, developer and EPC delegates at the Energy Storage Summit EU in London last month about the implications of falling BESS prices. As
AI Customer ServiceCost of curtailment could be cut by 80% through more efficient use of technologies such as battery storage to unlock capacity on the existing transmission network
AI Customer ServiceGresham House Energy Storage Fund PLC - fund which invests for income from utility-scale battery energy storage systems - Announces start of share buyback programme
AI Customer ServiceAnalysis has found that deploying 20 GW of LDES could save the electricity system £24 billion between 2025 and 2050, reducing household energy bills as additional
AI Customer ServiceUK government announces new climate goals at COP29, including reducing emissions by 81% by 2035, as Prime Minister calls on other countries to bring forward
AI Customer ServiceBord Gáis Energy cuts gas and electricity prices and standing charges by 15.5% for over 600,000 customers. Cuts of 15.5% confirmed in gas and electricity unit rates. 15.5%
AI Customer ServiceWith the growth in electric vehicle sales, battery storage costs have fallen rapidly due to economies of scale and technology improvements. With the falling costs of solar PV and wind
AI Customer ServiceVarta announces restructuring, delisting plans. In the course of the StaRUG procedure, a debt cut is a possible way out. This is an agreement between the debtor and its
AI Customer ServiceA roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have reported on this year. It''s been a positive year for energy storage
AI Customer Service26 January 2024 . Energia announces home energy price reduction. Energia will reduce home energy prices, effective from 01 March 2024. The decision to reduce home energy prices is
AI Customer ServiceA roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have reported on this year. It''s been a positive year for energy storage in 2023, with new markets opening up and
AI Customer ServiceThe company said it would focus more on its core solar activities and expects to offset the charges through the sale of assets at its energy-storage unit, including the
AI Customer ServiceThis report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price
AI Customer ServiceThe tariff cut, whose extent is expected to be clarified this week, through a ministerial decision, will enable officials to offer a greater capacity through the second auction.
AI Customer ServiceElectric Ireland, the country''s largest energy supplier, has this morning announced its second price reduction for over 1.1 million people.
AI Customer ServiceThis is how much Irish consumers will save as energy provider announces price cut. Liam De Brun. 05/09/2024. The country''s largest energy supplier has announced further price cuts in a major boost to families in
AI Customer ServiceA few years ago, energy storage began qualifying for investment tax credit (ITC) incentives if paired with renewables, and the IRA unlocked standalone storage ITCs from
AI Customer ServiceWASHINGTON - U.S. Secretary of Energy Jennifer M. Granholm today announced the U.S. Department of Energy (DOE)''s new goal to reduce the cost of grid-scale,
AI Customer ServicePivot Energy is a renewable energy provider and independent power producer that develops, finances, builds, owns, and manages solar and energy storage projects. Pivot leverages its renewable expertise to provide a range of unique
AI Customer ServiceFrom ESS News. SolarEdge has announced it will close and sell off its energy storage business and assets, resulting in cutting its workforce by about 12%, with those in
AI Customer ServiceAs Energy-Storage.news reported last month, global prices for battery energy storage systems (BESS) have been on a downward trend since early 2023, having shot up in 2022. We heard from delegates at the Energy Storage Summit EU in London last month about the implications of falling BESS prices.
A roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have reported on this year. It’s been a positive year for energy storage in 2023, with new markets opening up and supply chain bottlenecks and price spikes for battery energy storage systems (BESS) easing, though challenges remain.
It’s been a positive year for energy storage in 2023, with new markets opening up and supply chain bottlenecks and price spikes for battery energy storage systems (BESS) easing, though challenges remain. A roundup of the biggest projects, financing and offtake deals in the sector that Energy Storage News has reported on this year.
The US utility-scale storage sector saw tremendous growth over 2022 and 2023. The volume of energy storage installations in the United States in 2022 totaled 11,976 megawatt hours (MWh)—a figure surpassed in the first three quarters of 2023 when installations hit 13,518 MWh by cumulative volume.
To address the specific curtailment problem caused by the B6 boundary on the Scottish/English border, building 10GW of energy storage in key locations across the UK would reduce the estimated £2.2 billion curtailment costs by nearly 90%, Field’s analysis suggests.
In the U.S., the Israel-based company is facing tough competition with companies such as Enphase Energy (ENPH.O) and Tesla (TSLA.O) for market share in energy storage products. Solaredge said the job cuts will impact nearly 500 employees, mainly in manufacturing positions in South Korea.
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