London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has entered into an agreement to sell its investment tax credits (ITCs) for the Big Rock energy storage project in California, US.
California community choice aggregator Ava Community Energy’s new BESS offtake agreements with EDP Renewables incorporate measures to share policy risks.
The Federal Court of Justice in Germany has rejected an appeal against BESS being eligible for the BKZ construction fee, a decision which means potentially millions more in costs for building projects in the country.
AMEA Power has completed commissioning of the first large-scale battery energy storage system (BESS) in Egypt, ahead of the start of commercial operations.
Invinity Energy Systems believes partnering with a Chinese materials and manufacturing company will enable significant cost reduction of its vanadium redox flow battery (VRFB) technology.
Utility and power firm Verbund has selected system integrator Fluence to deploy two BESS projects in Germany totalling 186MWh of capacity, with noise and cybersecurity standards a key part of the selection process.