The US battery storage system integrator arm of Korean battery manufacturer LG Energy Solution (LG ES) has signed a 4-year supply deal with developer Terra-Gen. Energy-Storage.news delves into the Marinus Link and how the 1.5GW interconnector could facilitate Tasmania’s ‘Battery of the Nation’ goal.
This study shows that battery electricity storage systems offer enormous deployment and cost-reduction potential. By 2030, total installed costs could fall between 50% and 60% (and battery cell costs by even more), driven by optimisation of manufacturing facilities, combined with better combinations and reduced use of materials.
Eos, ESS Tech Inc and Energy Vault, the three big-name non-lithium energy storage firms that listed via SPAC deals, saw weak third quarter results. The US battery storage system integrator arm of Korean battery manufacturer LG Energy Solution (LG ES) has signed a 4-year supply deal with developer Terra-Gen.
Wärtsilä has carried out more large-scale fire tests on its battery storage units, which the system integrator claimed closely resemble real-life ‘worst-case scenario’ conditions. Editor Andy Colthorpe speaks with Long Duration Energy Storage Council director of markets and technology Gabriel Murtagh.
Stationary storage additions should reach another record, at 57 gigawatts (136 gigawatt-hours) in 2024, up 40% relative to 2023 in gigawatt terms. We expect stationary storage project durations to grow as use-cases evolve to deliver more energy, and more homes to add batteries to their new solar installations.
NYSE-listed battery startup Freyr has pivoted strategy and acquired a 5GW solar module facility in Texas, US, from Chinese firm Trina Solar, the same day that Donald Trump was declared to have won the presidential election (6 November).