Denmark-headquartered independent power producer (IPP) Ørsted and investment bank JP Morgan have closed a tax equity financing of US$680 million for solar and storage projects in the US.
Some of the current market prices for lithium-ion batteries are below cost and will not last forever but Europe still needs to be more cost-competitive, the CEO of one of Europe’s first large-scale manufacturing facilities told Energy-Storage.news.
Utility EWS AG and developer MW Storage have completed the expansion of a battery energy storage system (BESS) project in Switzerland from 20MW to 28MW, making it the country’s largest.
RWE will proceed with an 8-hour duration large-scale battery storage project in New South Wales (NSW), while a tender for more long-duration resources has launched in the state.
German state-owned legacy plant operator will install a 50MW/100MWh BESS at one of its coal facilities in partnership with NGEN, an energy storage operator and technology provider based in Slovenia.
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The new tariffs on batteries from China will increase costs for US BESS integrators by 11-16%, consultancy Clean Energy Associates said, adding that new guidance around the domestic content ITC adder will make it easier to access.
Developer-operator Atlantic Green has enlisted system integrator Ameresco and clean energy manufacturer Envision Energy for a 300MW/624MWh BESS project in the UK.
System integrator Wärtsilä will provide the state-owned utility on the Carribean island of Curaҫao with a battery energy storage system (BESS) of 25MW/25MWh.
