Energy storage developer-operator Aypa Power has closed a US$1.5 billion construction warehouse revolving credit facility to advance projects across the US.
A framework for the “development, utilisation and commercialisation of energy storage systems” in the Philippines has been passed by the House of Representatives.
Valent Energy has received development approval from the New South Wales government and satisfied AEMO grid compliance requirements under clause 5.3.4a for its 150MW/437MWh Armidale Battery Energy Storage System (BESS).
Octopus Australia has announced plans to develop what it claims is Australia’s “largest planned battery energy storage system (BESS)” in New South Wales.
ASL (formerly AEMO Services) has completed New South Wales’ (NSW) largest-ever tender for long-duration energy storage (LDES), contracting six new battery projects for a combined 1.17GW/11.98GWh.
A 100MW/200MWh BESS project in Estonia has been inaugurated by Baltic Storage Platform (BSP), a joint venture (JV) between Baltic developer Evecon, French independent power producer (IPP) Corsica Sole and investment manager Mirova.
Three Chinese energy storage companies have recently successively filed or updated their listing applications with the Hong Kong Stock Exchange (HKEX), planning IPOs on the Hong Kong Main Board.
“Standalone solar is not dead, but it is challenging,” said Pierre Bartholin, head of power hedging at investor Nuveen Infrastructure, opening the debate at Solar Media’s Solar Finance Investment Europe (SFIE) conference in London on the future of co-located battery storage.
IPP Enlight Renewable Energy has reached development milestones for its total 1.21GW solar plus 4GWh energy storage CO Bar Complex in Arizona, US, and is now advancing the project toward operation.
