The Council of Menorca, one of Spain’s Balaeric islands, has detailed its energy transition plan for the next four years including 18MWh of distributed battery energy storage systems (BESS).
Energy Vault and a coal mining company owned by the local government in Sardinia, Italy, have signed a land lease agreement to deploy a project combining gravity energy storage and BESS technology.
A roundup of battery energy storage system (BESS) news from the UK, with Harmony Energy Income Trust (HEIT) commissioning a system, Field ordering one from Envision and Quinbrook launching construction on another.
A double-header of news from Central America and the Caribbean, with Belize seeking consultants for a 40MW BESS and Wärtsilä commissioning a hybrid project in the US Virgin Islands.
While contractual parties are rarely ironing out end-of-life provisions for BESS, those that do are keeping their options open with the future value of degraded batteries far from clear, a UK-based lawyer said.
System integrator Fluence Energy and investor Excelsior Energy Capital have entered into a supply agreement for 2.2GWh of BESS, which Fluence claims will utilise US-manufactured battery cells and modules.
We hear from Modo Energy about the latest developments for BESS revenues in the ERCOT, Texas market, including how numerous trends are making optimising projects increasingly complex.