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German flow battery firm VoltStorage gets €30 million EU-guaranteed EIB venture loan

August 1, 2023
Germany-based flow battery company VoltStorage has been granted a venture debt loan of €30 million (US$33 million) by the European Investment Bank (EIB), guaranteed by the European Commission.
Solar array installed by Ameresco at a US Marine Corps facility in Parris Island, South Carolina. Image: Ameresco.
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Ameresco: Battery assets ownership strategy to focus on fixed capacity payment contracts

August 1, 2023
Ameresco will look for energy storage projects to own that the US clean energy solutions company can secure long-term revenues for.
Blind Creek will co-locate solar PV, battery storage and sheep farming, as seen in this image of an existing agrivoltaics project. Image: Rob Davis / Agrisolar Clearinghouse via Flickr.

Development consent for New South Wales agrivoltaics project with 300MW/600MWh BESS

August 1, 2023
A “farmer-led” utility-scale solar PV and battery storage agrivoltaics project in New South Wales, Australia, has been granted development consent.
A Broad Reach Power project in Texas, pictured during construction in 2020. Image: Broad Reach Power.

Broad Reach Power secures financing for 880MW of ERCOT and CAISO projects

July 31, 2023
US developer Broad Reach Power has closed US$435 million in financing to start construction on 880MW of battery storage projects in the CAISO and ERCOT markets, for 2023/24 commissioning.
germany utilities battery storage bess

RheinEnergie and Bayernwerk, Lechwerke launch BESS projects in Germany totalling 14MWh

July 31, 2023
Utility and network operators RheinEnergie and Bayernwerk have respectively started building and commissioned 7MWh battery storage projects in Germany.
Lithium battery cell following a certified burn test. Image: ESRG.

Fire safety working group to ensure New York energy storage sites are ‘safe and effective’

July 31, 2023
New York governor Kathy Hochul has responded to concerns about energy storage fires with a new Inter-Agency Fire Safety Working Group.
View of Cruachan Dam at the site in Argyll, Scotland. Image: Drax.

Development consent granted for 600MW underground pumped hydro plant in Scotland

July 31, 2023
Drax Group has secured development consent for a 600MW underground pumped storage hydro (PSH) plant in Scotland, UK.
Invinity VS3 model vanadium redox flow battery of the type to be deployed by Horizon Power at Kununurra, Western Australia. Image: Invinity Energy Systems-VSUN.

ROUNDUP: Stellantis-Saft ‘breakthrough’, Azelio out of business, VRFBs for remote Western Australia

July 28, 2023
More news in brief from around the world in energy storage, featuring vanadium redox flow batteries (VRFBs), bankruptcy for a thermal storage startup and a new integrated lithium tech.
Victoria Minister for Energy and Resources Lily d'Ambrosio (second from left) helps turn sod at the Rangebank BESS site. Image: Eku Energy.
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Victoria energy minister in attendance as work begins on 400MWh Macquarie-Shell Energy BESS project

July 28, 2023
Pre-construction activities commenced this week on Rangebank BESS, a 200MW/400MWh project in Victoria, Australia.
The solar and storage markets are booming in the US. Speedway, a Summit Ridge community solar project in Illinois. Image: Summit Ridge Energy.
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PV developer Summit Ridge Energy completes diesel-displacing battery projects in New York

July 27, 2023
Summit Ridge Energy has commissioned two battery energy storage system (BESS) projects in New York City which will help reduce the grid’s reliance on diesel-fueled generation.

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Tesla: ‘I don’t think we’re going to sell another battery in Australia that’s not grid-forming’

Arevon Energy begins construction on 1,200MWh California BESS

New York launches 1GW large-scale energy storage procurement, incorporating new fire safety requirements

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‘Here’s my profit, I’m going to be able to pay back the battery, can you give me a loan?’: GridBeyond on optimising BESS and AI modelling

US reconciliation bill ‘extremely positive’ for zinc battery player Eos, CEO says

Fluence lands its biggest deal globally for 2,000MWh grid-forming BESS in Australia

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