TAG: "storage project development"

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USD 1.2 Trillion Investment Needed for BESS to Support Global Renewable Energy Boom

Wood Mackenzie estimates USD 1.2 trillion investment is needed in grid-forming battery storage to support 5,900 GW of new renewables by 2034, ensuring grid stability amid rising global power demand.

Storage Project Development | July 04, 2025 | By EI News Network 1079

Fluence Energy Launches High-Density AC-Based Energy Storage Platform 'Smartstack'

Fluence Energy, Inc. announced Smartstack™, a high-density, AC-based energy storage platform, now commercially available for grid-scale applications worldwide with customer deliveries scheduled to begin in the last quarter of 2025.

Storage Project Development | February 15, 2025 | By News Bureau 1580

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