The government of Portugal has announced plans to invest €400 million (US$466 million) to improve its grid management capabilities and increase its battery energy storage system (BESS) capacity.
As the BESS industry matures, the trend towards a closening relationship between OEMs and project owners looks set to continue, but system integrators will continue to have a role to play.
Renalfa IPP has secured a €315 million (US$367 million) financing package from an EBRD-led consortium to support a 1.6GW renewables, 3.3GWh BESS rollout in Bulgaria, Hungary, Romania, and North Macedonia.
Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
Activity in the UK battery energy storage system (BESS) market continues to grow substantially year-on-year despite numerous headwinds, as detailed in this H1 recap from our Market Research colleagues.
The US Department of Commerce has provisionally decided to impose anti-dumping (AD) tariffs on active anode material (AAM) product imports from China of 93.5%, bringing the total tariff on them to 160%.
RM Funds has proposed a meeting of it and other Gore Street Energy Storage Fund (GSF) investors to discuss changes to the board following ‘sustained underperformance’, it said.
The Ministers of Energy and the Environment in Lithuania have approved an additional €37 million (US$43 million) for an energy storage capex grant scheme, while Trina Storage has secured orders in the country.
BESS optimisation company Enspired has recently announced expansion into Greece, Spain and Poland, but how will it approach operating across markets and what benefits will it bring? We hear from its CEO.
