Technology firm Hyme Energy and potential customer Arla Foods are seeking EU funding for a 200MW thermal energy storage system project, which they claim is the largest in the world.
The Department of Electricity and Energy of South Africa has announced the successful bidders for the second round of its Battery Energy Storage Independent Power Producers Procurement Programme (BESIPPPP).
Lithium-sulfur battery and supermaterials firm Lyten is seeking a US$650 million loan from the US import-export bank EXIM to scale up manufacturing and meet BESS orders from the Caribbean region.
The UK is in the middle of a massive overhaul of its queue system for connecting projects to the grid, and BESS is one of the most oversubscribed technologies, leading to a “nervousness” for a lot of projects, law firm Freeths said.
State-owned EPC firm China Power Construction Group (Power China) recently concluded a 16GWh BESS supply tender, which resulted in extremely low prices amidst a squeezing of market share and increased buying power from state-owned companies, an S&P analyst told Energy-Storage.news.
BESS has won big in Poland’s capacity market (CM) auction for 2029 delivery, with potentially 2.5GW of projects winning contracts including from Axpo, OX2, R.Power, FRV and PGE.