Australian mining giant Fortescue has accelerated its timeline for deploying 4-5GWh of battery energy storage systems (BESS) paired with 1.8GW of renewable energy generation, which it now expects to begin commercial operation by 2028.
RWE Clean Energy has commissioned the Stoneridge Solar PV project in Texas, adding 200MW of solar PV and 100MW/200MWh BESS to its operational portfolio.
US residential solar and energy storage installer Sunrun has posted revenue of US$724.6 million in the third quarter of this year, as the company implements its “storage-first strategy”.
Asset manager AIP Management has bought a 49% stake in a 2.4GWh UK portfolio from global BESS investment platform BW ESS for a deal in excess of £650 million (US$873 million).