A flurry of grid-scale energy storage news from Europe, with large-scale projects progressed in Kosovo, Switzerland and Croatia involving Millenium Challenge Corporation, Intilion and NGEN respectively.
We hear from US distributed and C&I solar and storage developer-operator Convergent Energy and Power about its financing, its pipeline and strategy, as it and Scale Microgrids both announce US$150 million multi-project bank financing deals.
The energy regulator in Greece has cancelled the country’s third large-scale energy storage procurement auction due to confusion over limits on how much power capacity could be bid in per participant, with a view to relaunching the scheme.
A flurry of big solar and storage project news in the US, with Pine Gate Renewables having a huge project approved in Oregon, Avantus signing a PPA for one in Arizona with utility APS and Arevon completing one in California.
A roundup of energy storage news from across the EU, involving Polar Night Energy’s ‘Sand Battery’ in Finland, GazelEnergie and Q Energy in France, and Spain’s MITECO awarding financial support to 45 projects.
IPP Nofar Energy has agreed a Flexibility Purchase Agreement (FPA) for a 209MWh BESS project in Germany, the first of its kind in Continental Europe, it claimed.
Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.
A large-scale hybrid project has been connected to the grid in China, combining BESS and supercapacitor technology to provide numerous services to the grid including black start.
