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Hydro-Québec launches EVLO subsidiary specializing in energy storage systems

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Hydro-Québec has launched EVLO Energy Storage Inc. EVLO ), a subsidiary that designs, sells, and operates safe, efficient and sustainable energy storage systems. EVLO systems also include power control and energy management software. Energy storage will play a crucial role in the energy transition.

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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. Additional technological benefits include improved cycle life, built-in redundancy for increased availability, as well as competitive material and installation cost.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Rolls-Royce to supply 60 MWh battery storage to Semper Power to stabilize the Dutch power grid

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Rolls-Royce has been awarded a contract to supply and install a large-scale mtu EnergyPack QG battery storage system on a turnkey basis to the Dutch energy company Semper Power in Vlissingen. When fully charged, the system has the capacity to supply 8,000 households with electrical energy for an entire day.

Grid 221
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FREYR to collaborate with Honeywell on battery manufacturing, deploying energy storage solutions

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As part of the collaboration, Honeywell will purchase 19 GWh of battery cells produced by FREYR from 2023 through 2030 for a multitude of energy storage systems applications. Battery storage will play a crucial role as organizations transition to clean power generation. —Tom Einar Jensen, FREYR’s Chief Executive Officer.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

federal government is actively facilitating EV adoption, aiming to simplify the purchasing process for consumers , encourage companies to electrify their fleets , and assist businesses in installing EV charging stations. Installing a BESS on-site helps alleviate this grid demand for EV charging.

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These 10 U.S. states have the most battery storage capacity installed

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Installation of large-scale energy storage systems is expected to continue increasing in the U.S. According to data from the Energy Information Administration (EIA) shared on Tuesday, U.S. energy storage system deployment is expected to nearly double in 2024, with battery capacity forecasted to grow by 89 percent.