The new rules of competition in energy storage | McKinsey
The low-cost future of the energy-storage market will make for a tough competitive environment—but a rewarding one for players that make big improvements in performance. Here is how companies along the value chain can achieve the cost reductions they''ll need to attract and win customers:
Turkey''s energy storage market is ''now fully open''
Image: Inovat. With a commitment to add 1GW each of new solar PV and wind each year, Turkey''s need for energy storage is coming sooner rather than later. The country''s energy regulator has already
China''s Largest Wind Power Energy Storage Project Approved for
On August 27, 2020, the Huaneng Mengcheng wind power 40MW/40MWh energy storage project was approved for grid connection by State Grid
Germany: ''Largest battery storage project in Europe'' gets go-ahead
Image: Kyon Energy. Developer Kyon Energy has claimed the largest approved BESS in Europe for a 275MWh project in Germany, just as regulators extend grid fee exemptions for energy storage by three years to 2029. Kyon has received approval for a 137.5MW/275MWh battery energy storage system (BESS) project in Germany, it said
How EPCs can command the growing energy storage market
Integrated EPCs can provide technical modeling to deploy energy storage systems in combination with the solar facility to optimize the use of key components now
Winding up of EPC/IPC G2 Energy confirmed as bulk of team join
Image: Harmony Energy. The closure of UK battery storage specialist EPC and independent connection provider (ICP) firm G2 Energy has been confirmed by Companies House, with a senior manager describing "unsympathetic clients" in comments given to Energy-Storage.news and that the bulk of the team is joining outsourcing giant
Ontario makes Canada''s biggest-ever battery
The Canadian province''s government announced yesterday (9 May) that it has made its selection of winners in the Long-Term 1 Request for Proposals (LT1 RFP), adding 410.69MW from three bids by non-storage resources (biogas, natural gas) to 10 battery storage resource bids totalling 1,748.22MW, to procure a total 2,194.91MW.
Chile seeks multi-gigawatts of large-scale storage for 2026-2028
Image: Biblioteca del Congreso Nacional de Chile. The government of Chile will launch a bill this year to procure large-scale energy storage systems for commissioning in 2026 totalling US$2 billion of investment, on top of 5GWh already being sought for 2027-28. Speaking to the country''s parliament last week, president Gabriel Boric said the
Fluence customer seeking refund for Diablo battery EPC work
The project was completed by Fluence for independent power producer (IPP) LS Power affiliate Diablo Energy Storage LLC in April 2022 under an EPC agreement worth US$237,976,007. Diablo is now seeking the return of US$229,106,742 paid, citing a litany of ''defects, deficiencies and failures'' at the project, plus damages, a California court
NREL: US utility-scale energy storage costs grew 11-13% in Q1 2022
For standalone energy storage, NREL said that the costs benchmark grew 2% year-on-year for residential systems to US$1,503/kWh and 13% for utility-scale to US$446/kWh. Both figures are modelled market price (MMP) which it uses alongside a new, minimum sustainable price (MSP). MMP is simply the sales price that a developer would
Hawaii Island''s biggest solar-plus-storage plant will soon deliver power at 9 cents/kWh
Energy-Storage.news'' publisher Solar Media will host the 5th Energy Storage Summit USA, 28-29 March 2023 in Austin, Texas. Featuring a packed programme of panels, presentations and fireside chats from industry leaders focusing on accelerating the market for energy storage across the country.
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Large-scale battery storage in the UK: Analysing
Generally, the size of the site depends on the type of project being constructed; large capacity sites are usually from stand-alone projects, whereas co-located sites vary in size but are usually much smaller. 73% of the planned capacity in the short-term prospects is from large capacity (>30MW) projects, implying most of these are stand-alone.
Ameresco and Sunel partner on solar, storage EPC in Europe
Image: Ameresco. Renewable energy developer Ameresco and EPC contractor Sunel Group will together bid on 1.5GWp of solar and energy storage projects across Europe. The firms have established Ameresco Sunel Energy to bid on engineering, procurement, and construction (EPC) projects in the UK, Greece, Italy, Spain and Romania.
Top Renewable Energy EPC Companies ️
Top 20 Renewable Energy EPC Companies . Company: Projects (Pre-Construction, Under Construction and/or Operating) Capacity (in MW) 1. Mortenson Construction: 132: 16,238: 2. Energy Storage
SENS and Alfen progress Sweden battery storage projects
Alfen didn''t reveal the size in MWh capacity for the BESS which it will design, engineer, install and commission before the end of 2024, and will also provide long-term servicing. SENS has secured the land for a 40MW battery storage project while Alfen will deploy a 20MW system at a wind farm, both in Sweden.
The Energy Storage Report
According to recent analysis from the Fraunhofer Institute for Solar Energy (Fraunhofer ISE), the installed base of battery storage close to doubled last year, going from
Using battery analytics to support BESS commissioning: A technical deep dive
June 19, 2023. The BESS commissioning phase is the first and crucial operational step for companies to become profitable with big batteries. Dr Kai-Philipp Kairies of ACCURE provides insights into typical technical commissioning challenges and how advanced battery analytics can support owners and operators. This is an extract of a feature which
Key Considerations for Utility-Scale Energy Storage Procurements
Continued pressure in the supply chain for storage components, including battery metals, has sustained increased prices and led to production and delivery delays.
Enabling renewable energy with battery energy storage systems
In addition to BESS components, another bottleneck for those in the market is engineering, procurement, and construction (EPC) capability and capacity, particularly
Dubai Electricity and Water Authority inaugurates Tesla battery system at world''s largest solar farm
That was installed in 2018 and as Energy-Storage.news reported at the time, it was Dubai''s first utility-scale battery storage plant. NGK followed it up shortly after with a 108MW / 648MWh project in Abu Dhabi that sited 15 systems in 10 locations that can be controlled as one site or support the local grid separately when needed.
Canadian Solar: Storage ''more complex'' than solar when it comes
The energy storage arm of Canadian Solar said the technology ''has more complexity than solar'' when it comes to nearshoring manufacturing away from China, and localised battery cell manufacturing could be part of the long-term strategy to leverage domestic content incentives. Asked about US Inflation Reduction Act''s domestic content
Hybrid and colocated solar-storage projects in the works in Alberta, Canada
Three solar power plant projects are in development in Alberta, Canada, which will add nearly 300MW of battery storage to the province''s grid. Alberta''s first grid-scale battery project, Windcharger, a 10MW/20MWh battery energy storage system (BESS) at a wind farm, was only brought online in late 2020 by developer TransAlta Renewables.
North Carolina BESS marks tiny step for Duke Energy in 1,600MW plan
The company announced the start of commercial operation of the battery energy storage system (BESS) last week, on land leased within Marine Corps Base Camp Lejeune in North Carolina''s Onslow County. Duke Energy 11MW/11MWh battery storage project, despite modest size, is thought to be the largest project of its type in North
Key Criteria that Drive Large-Scale Energy Storage Success
An EPC that operates at the "tip of the spear" and regularly evaluates the latest battery and integrated BESS container manufacturing for safety, energy density, cost, controls, and
North Carolina BESS marks tiny step for Duke Energy in 1,600MW
The larger battery storage sites it did already have in 2022 comprised 15 utility-scale installations and 13 microgrids, mostly for municipal utilities and cooperatives, although Duke Energy completed a solar-plus-storage microgrid with 4.4MW of BESS technology capable of powering the entire town of Hot Springs in Charlotte, North
''Joint-biggest BESS in Europe'' brought online by UK investor Harmony Energy Income Trust
Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 21-22 February 2024. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place.
Large and in charge: Storage integrators, EPCs share 7 trends in
This all means large-scale storage is a pretty big deal to solar EPCs, too. We chatted with five leaders in this space to understand today''s deal parameters,
Large-scale ESS in Belgium aims to prove business
Technology provider Fluence will supply, install and maintain the energy storage system while Centrica Business Solutions Belgium will dispatch and trade the battery''s capabilities and capacity. At two hours'' duration, the system is longer duration than many of the large-scale projects seen to date using lithium-ion batteries in Europe.
Energy storage projects attract attention of global EPC
Engineering, procurement and construction (EPC) services provider Sterling and Wilson has announced it plans to broaden its EPC offerings in the renewable space to include solutions for energy storage
Italy: Regulator marks big week for grid-scale energy storage
Image: Terna. In a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power''s 500MW-plus pipeline of BESS projects. Tuesday 6 June saw new criteria and conditions for large-scale energy storage capacity in the electricity system approved
Mississippi: Origis Energy brings solar-plus-storage project online
US renewable energy developer Origis Energy has commissioned a 150MW solar-plus-storage project in the US state of Mississippi. The project, Golden Triangle II, includes a 50MW battery energy storage system (BESS), and started producing electricity on 21 May. The project is part of a three-facility portfolio, including the Golden
NHOA starts installing Western Australia''s biggest BESS
E-mobility and energy storage company New HOrizons Ahead (NHOA) has started installation work on an LFP-based 100MW/200MWh battery energy storage system (BESS) in Western Australia, the state''s largest. The Government of Western Australia said today (5 August) that the first of 600 units have been installed and the rest of the work
Australia''s first grid-scale battery storage system at
A large-scale battery energy storage system (BESS) has been brought online at the site of the former Hazelwood Power Station coal plant in Victoria, Australia. Marking what looks to be the first of many
Grid-connected advanced compressed air energy storage plant comes online in Ontario
As detailed by Energy-Storage.news on announcement of the project two years ago, depleted underground salt caverns are pumped full of compressed air, the salt naturally sealing cracks in the cavern''s walls. The
Longroad closes financing on 220MW solar-plus-storage project
The project will also feature a 214MWac/855MWh lithium-ion (Li-ion) battery energy storage system (BESS). Large Scale Solar Southern Europe 2024. Solar Media Events. July 2, 2024. Athens, Greece.
Longroad closes financing on 220MW solar-plus-storage project
March 13, 2024. Longroad''s latest Arizona project will include a 214MWac/855MWh lithium-ion (Li-ion) battery energy storage system (BESS). Image: Longroad Energy. Longroad Energy has achieved
DEPCOM constructs Puerto Rico solar-plus-storage plant
DEPCOM Power, a provider of engineering, procurement and construction (EPC) work, is midway through construction on what it has called Puerto Rico''s "largest" solar-plus-storage project. Located in Salinas, the Ciro One project is expected to begin operations at the end of 2024. It will have a capacity of 90MW for solar PV and a battery
AES breaks ground in Hawaii on two large-scale
AES announced via Twitter on 4 August that ground has been broken on Kuihelani Solar + Storage, a 60MW solar PV plant with 240MWh of containerised battery energy storage system (BESS) technology. The project is on Maui, Hawaii''s second-largest island. Construction has begun on two large-scale solar projects paired with battery
GEI and YEO developing solar-plus-storage project in Zambia
Zambian developer GEI Power and Turkish energy technology firm YEO are aiming to have a 60MWp PV, 20MWh BESS project in Zambia online by September 2025. The project will require US$65 million of investment and will assist in mitigating power shortages in the country, the Ministry of Energy said. Developer and IPP GEI Power and
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