Energy storage

The market for customizable, scalable, turnkey energy storage solutions continues to evolve, as companies look at providing systems that will work from an individual application level all the way to grid and utility-scale deployment. Kontrolmatik, an Istanbul, Turkey-headquartered systems integrator and global engineering, procurement, and construction leader in power generation, transmission, and distribution, and its […]

The shift to clean energy is triggering growing concerns about the sustainability, resilience, and integration of the power sector’s complex supply chains. Here are five trends to watch. The power sector’s

Energy ministers from seven of the world’s largest economies, including the U.S., said they would end the use of “unabated” coal by 2035, but also said countries could extend that deadline if circumstances warrant. The Group of Seven (G7) members, which also include Canada, the UK, France, Germany, Japan and Italy, published a communiqué on […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

The battery industry is experiencing a seismic shift as demand for renewable energy solutions increases. With electric vehicle (EV) sales expected to double from 2023 to 2027, reaching 31.6 million units, and shortages of cobalt and lithium expected through 2027, according to S&P Global Commodity Insights, innovation is necessary. There is a growing demand for […]

An energy storage division of a global solar power provider announced it has signed a letter of intent to supply equipment for several energy parks being developed by a UK-based renewable energy company. Trina Storage, part of China-headquartered Trina Solar, on April 19 said it would partner with London-based Pacific Green on several projects, and […]

Arevon Energy, a Scottsdale, Arizona-based renewable energy developer, owner, and operator, announced it has signed a long-term tolling agreement with electricity provider MCE for 188 MW of the Cormorant Energy Storage Project in Daly City, California. Cormorant Energy Storage is a 250-MW/1,000-MWh standalone battery energy storage system that will be built in two phases. The […]

Owners and operators of thermal and renewable energy infrastructure are navigating new and emerging risks due to digitization of the grid, an uncertain regulatory landscape, and changing environmental and weather patterns. These factors and others are forcing risk management stakeholders to increase preparation and resilience of their organizations. As digital transformation accelerates in the power […]

Support for battery energy storage, and manufacturing of equipment for the electrification of transportation, is spurring construction of battery factories across the U.S. American Battery Factory, a leader in development of lithium iron phosphate (LFP) battery cells, recently announced a partnership with Lead Intelligent Equipment (LEAD) to secure custom automation equipment and machinery that will […]

A Sweden-based renewable energy developer, in partnership with the investment arm of Ingka Group–the biggest IKEA retailer–has been issued a permit for construction of a 5.5-GW offshore wind project that would be built in the Baltic Sea. OX2 AB and Ingka Investments on April 3 said officials in Gotland, Sweden, gave the companies a Natura […]