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Archive for June 18th, 2023

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June 18, 2023

Global BESS deployments to exceed 400GWh annually by 2030, says Rystad Energy

Annual battery energy storage system (BESS) installations will grow by 10x between 2022 and 2030, according to research firm Rystad Energy. Rystad expects annual BESS deployments to grow by an average CAGR of 33% between 2022 and 2030, across all market segments including residential, commercial and grid-scale. From 43GWh of deployments last year, the firm […]

June 10, 2023

‘Europe’s biggest BESS’ netted nearly US$3 million revenues in Q1 2023

Europe’s biggest battery storage system in megawatt-hour (MWh) terms earned £2.3 million (US$2.85 million) revenues during its first full quarter in commercial operation. UK-based investment fund Harmony Energy Income Trust said recently that its Pillswood Battery Energy Storage System (Pillswood BESS) in northern England was one of the best-performing battery storage assets in Britain in […]

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