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Energy Storage News•6 months ago

CATL’s Q3 ESS battery shipments reach 36GWh, market share ‘impacted by capacity constraints’

  • •CATL, the world's largest lithium-ion battery supplier, shipped 36GWh of ESS batteries in Q3.
  • •Despite recovering revenue growth, CATL's market share was impacted by its own capacity constraints, indicating robust demand for energy storage.
  • •This suggests potential supply tightness and pricing pressure for battery energy storage systems (BESS) components in the near term for developers and large power consumers.
capacity-market
Energy Storage News•6 months ago

South Australia launches first capacity tender for 700MW of long-duration energy storage

  • •South Australia has initiated its first Firm Energy Reliability Mechanism (FERM) tender, targeting 700MW of long-duration energy storage (LDES) capacity.
  • •This new policy mechanism creates a significant market opportunity for LDES developers to secure capacity contracts and contribute to grid stability.
  • •The tender aims to enhance grid reliability and facilitate the integration of intermittent renewable energy sources, benefiting large power consumers with more stable supply.
capacity-market
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