Victoria, Australia, has secured the largest allocation of dispatchable power in the upcoming Capacity Investment Scheme (CIS), with 1.7GW/6.8GWh for energy storage.
Capacity market (CM) auctions have concluded in Italy and Belgium and battery energy storage system (BESS) projects won the lion’s share of new contracts.
The City of Green Bay in Wisconsin, US, has granted a Conditional Use Permit for a large-scale battery storage project proposed by a subsidiary of Copenhagen Infrastructure Partners (CIP).
Saudi Arabia’s government entity tasked with procuring electricity generation projects has commenced the qualification process for a 2GW/8GWh battery storage tender.
Battery energy storage developer Eku Energy has reached a financial close for 250MW/500MWh battery energy storage system (BESS) in Canberra, the Australian Capital Territory (ACT).
The newly elected Queensland government has pulled the plug on what would have been the world’s largest pumped hydro energy storage project (PHES) with a capacity of 120GWh.
Vistra Energy has decided to pursue approval to construct a 600MW/2,400MWh BESS at the site of a retired power plant in the City of Morro Bay via the California Energy Commission (CEC).
The US government’s launch of the Regional Clean Hydrogen Hubs program, with a staggering $7 billion investment, marks a critical moment for the green hydrogen industry.
