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Sungrow secures 7.8 GWh battery storage deal with Saudi Arabia’s Algihaz Holding
China's Sungrow has signed three landmark energy storage contracts with Saudi Arabia's Algihaz Holding, amounting to the world's largest grid-side storage order. Each project will have a capacity of 2.6 GWh, totaling 7.8 GWh.
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Battery cell prices continue to plummet as lithium prices hit new low
The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells was CNY 0.41/Wh ($ 0.056/Wh) in June, posing a challenge to cost control for most cell makers.
![trinaPR_IMAGE](https://www.ess-news.com/wp-content/uploads/2024/07/trinaPR_IMAGE-260x128.jpg)
Interview with Trina Storage: We expect consolidation in the coming years
In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
![Tesla energy storage Tesla energy storage](https://www.ess-news.com/wp-content/uploads/2024/06/tesla.solar_.storage.hawaii-e1524232230325-260x130.jpg)
In Conversation: How cheap can battery storage get?
Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
![tesvolt Worms_Quelle_TESVOLT3](https://www.ess-news.com/wp-content/uploads/2024/07/tesvolt-Worms_Quelle_TESVOLT3-260x163.png)
Tesvolt supplies NCA battery storage systems for 65 MWh German project
German battery maker Tesvolt has reported its largest order to date, which will see its systems based on nickel-cobalt-aluminium (NCA) chemistry deployed in a 30 MW/ 65 MWh energy storage park in the German state of Rhineland-Palatinate.
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![Oberon_SolarStorage_30-980×735](https://www.ess-news.com/wp-content/uploads/2024/07/Oberon_SolarStorage_30-980x735-1.jpg)
![sungrow deal](https://www.ess-news.com/wp-content/uploads/2024/07/sungrow-deal-1024x590.png)
Sungrow secures 7.8 GWh battery storage deal with Saudi Arabia’s Algihaz Holding
China's Sungrow has signed three landmark energy storage contracts with Saudi Arabia's Algihaz Holding, amounting to the world's largest grid-side storage order. Each project will have a capacity of 2.6 GWh, totaling 7.8 GWh.
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![Jinko_battery manufacturing line](https://www.ess-news.com/wp-content/uploads/2024/07/Jinko_battery-manufacturing-line-1024x438.jpg)
Battery cell prices continue to plummet as lithium prices hit new low
The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells was CNY 0.41/Wh ($ 0.056/Wh) in June, posing a challenge to cost control for most cell makers.
![trinaPR_IMAGE](https://www.ess-news.com/wp-content/uploads/2024/07/trinaPR_IMAGE.jpg)
Interview with Trina Storage: We expect consolidation in the coming years
In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
![Tesla energy storage Tesla energy storage](https://www.ess-news.com/wp-content/uploads/2024/06/tesla.solar_.storage.hawaii-e1524232230325.jpg)
In Conversation: How cheap can battery storage get?
Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
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![tesvolt Worms_Quelle_TESVOLT3](https://www.ess-news.com/wp-content/uploads/2024/07/tesvolt-Worms_Quelle_TESVOLT3.png)
Tesvolt supplies NCA battery storage systems for 65 MWh German project
German battery maker Tesvolt has reported its largest order to date, which will see its systems based on nickel-cobalt-aluminium (NCA) chemistry deployed in a 30 MW/ 65 MWh energy storage park in the German state of Rhineland-Palatinate.
![Interview Thumnail Intersolar](https://www.ess-news.com/wp-content/uploads/2024/06/Paul-McCusker_Thumbnail-1024x576.jpeg)
In Conversation: ‘From the next two years on we start to see battery supply in Europe’
At Intersolar Europe 2024, ESS News spoke with Paul McCusker, President EMEA Region at Fluence, about the company’s regionalization strategy and its ambition to bring locally made products to its customers in Europe. He also spoke about EMEA-region specific technology preferences and requirements, such as noise levels and safety. Additionally, McCusker presented his views on battery price movements and key challenges to market growth.
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Overall BESS quality has massively improved, but safety incidents make headlines
Any discussion about the quality of battery energy storage system (BESS) projects must consider safety. This was something that all three of the panelists who participated in pv magazine’s Focus event at The Smarter E in Munich last week agreed upon.
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