The US Department of Interior has given the green light to Nevada’s largest solar+storage development, the Libra Solar Project. It has also opened a comment period for the Bonanza Solar Project, which features a 195 MW/780 MWh battery storage system.
The conditions are in place for the country’s battery energy storage market to expand at a compound annual growth rate (CAGR) of 20% to 30%, as Holu Solar’s Sophia Costa explained.
The US-based storage system providers said its new batteries are configurable in 3 kWh modular increments up to 4 cabinets per site. Their roundtrip efficiency ranges from 88% to 91%.
The two US-based companies are showcasing their new home energy system with up to 123.2 kWh of storage at RE+ 2024 event in the United States. The new product has four MPPTs, with a max current of 16 A per string.
Allegro Energy, an Australian redox flow battery developer, aims to “rapidly accelerate” its manufacturing capacity after closing a AUD 17.5 million ($11.6 million) funding round that attracted major domestic and international investors.
The Bolivian National Strategic Public Company for Lithium Deposits (YLB) says it has selected companies from China, Italy, France, and Australia to negotiate lithium exploitation projects and evaluate their mineral processing proposals.
The Australian federal government has approved a 600 MW/1,200 MWh solar farm and battery energy storage system in the state of New South Wales.
Chinese multinational Envision Energy has unveiled the world’s most energy dense, grid-scale battery energy storage system packed in a standard 20-foot container.
Trade body Italia Solare has processed data from electricity transmission system operator (TSO) Terna which shows standalone storage is the biggest new market development.
Finland’s Wartsila Energy has released a new turnkey battery energy storage system (BESS) with new fire-safety features.
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