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Canadian Solar subsidiary inks 2.5 GWh BESS deal for US data center support
E-storage will supply battery energy storage system (BESS) to major US utility with shipments expected to start in March 2027. Parent firm Canadian Solar says supply will “supporting data center grid infrastructure and resiliency.”
“MACSE price levels were driven by bearish battery cost expectations. The market reality today is very different.”
“You can’t work miracles, so the problem remains — there will certainly be an impact for everyone,” Gabriele Buccini, head of Utility Storage at Trina Solar, told pv magazine Italia, referring to market volatility and the risks facing BESS manufacturers, which are now operating in a very different market environment than just six months ago.
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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.
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.
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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.
Jul 04, 2024
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.
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.
In Conversation: ‘Good time to be battery storage developer’
At Intersolar Europe 2024, ESS News spoke with George Hilton, research and analysis manager at S&P Global, about the state of play in the battery energy storage supply chain and falling prices. According to Hilton, the overcapacity at every level of the supply chain has led to prices that are no longer sustainable for many market players. Meanwhile, technological innovation has led to an unprecedented variety of battery storage technologies on offer, and for a great number of markets the right time to jump in is now.
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