The process of developing energy storage projects in Germany is about to get longer and there is a risk it grinds to a halt as the market matures and regulations are made, developer BayWa r.e. told Energy-Storage.news.
Startup Capalo AI will optimise a Finland BESS project owned by investor Ardian while Merus Power, which is providing the BESS for that project, has received a separate order from Switzerland’s Alpiq for a similarly sized one.
Transgrid, has indicated that 4.8GW of grid-forming BESS will be necessary to stabilise the grid in New South Wales to support renewable energy deployment.
US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.
The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.
US-headquartered battery storage system integrator and manufacturer Powin has signed a multi-year, 15GWh deal for the supply of battery cells with China’s Eve Energy.
Recurrent Energy has closed US$513 million financing on a battery storage project in Arizona, US, which has a 20-year utility tolling agreement in place.
