The low level of the MACSE tariffs in Italy took everyone by surprise and will require careful asset management, but their relative value and those of the capacity market (CM) should increase over time.
State-backed power firm PPC Renewables has launched construction on its a large-scale BESS in Greece, for which Trina Storage will supply the energy storage technology.
Two Finland BESS project announcements, with Exilion ordering grid-forming energy storage technology from Merus Power and Nala Renewables ordering units from Sungrow for 2-hour systems.
Although vertically integrated ESS-cell suppliers retain more control over their supply chain, system integrators’ flexibility may help them in the medium-term, writes Solar Media Market Research analyst Charlotte Gisbourne.