Texas Instruments is bringing to market a chip that assesses battery cell health far more precisely than standard management systems. The new solution could mark a breakthrough in safety, data reliability, and financing for large-scale battery energy storage systems (BESS).…
Czech technology company Second Foundation has joined BLEnergy and Shamir Energy in developing one of the largest standalone energy storage facilities in Lithuania. The partners have signed an optimization agreement for the planned 140 MW facility in Alytus, south of…
On September 1, China began levying a consumption tax on lithium-ion batteries, ending an exemption that had lasted for more than a decade. The new charge adds costs for domestic energy storage and battery manufacturers. Return of an old tax…
Chinese company SEPCOIII has announced the full commercial commissioning of the Saudi Red Sea Utility Infrastructure Project. This marks the completion of one of Saudi Arabia’s largest integrated clean energy and utility infrastructure developments. The World’s First Facility of Its…
Wood Mackenzie has significantly raised its forecast for Latin America’s energy storage market. The research firm expects cumulative storage capacity in the region to increase from 2.5 GW in 2025 to 34 GW in 2035—a 13.6-fold rise over the course…
Swiss company Phenogy AG and Germany’s HD Advanced Technologies, a subsidiary of Heidelberger Druckmaschinen AG, have entered into a strategic partnership. The companies intend to jointly develop and manufacture sodium-ion cells and complete energy storage systems in Europe. Joint venture…
The rapid growth in the number of utility-scale battery energy storage systems in Australia has begun to trigger a phenomenon known as revenue cannibalisation. According to a recently published BNEF report, price arbitrage profits fell by as much as 84%…
America’s strategic oil reserves are shrinking rapidly. However, the problem is not limited to the number of barrels Washington still has at its disposal. Experts warn that continued intensive withdrawals could increase the risk of damage to the vast underground…
Researchers at the University of New South Wales have launched a three-and-a-half-year research project with a budget of AUD 12.9 million. The initiative will examine how inverter-based renewable energy sources and grid-forming energy storage systems interact with traditional power system…
Canada is launching a massive energy investment program worth nearly $70 billion. The modernization of the Churchill Falls power station, construction of the Gull Island project, and development of new transmission networks are expected to almost triple the region’s generating…