UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.
US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.
Sweden-based developer Sustainable Energy Solutions Sweden (SENS) has signed a long-term land lease for a 15MW PV, 50MW battery energy storage system (BESS) project.
Edify Energy has closed financing on a battery storage project which will support the hosting of solar and wind at a government-designated Renewable Energy Zone (REZ) in Victoria, Australia.
Inlyte Energy has completed a seed funding round to develop its iron and salt-based battery technology, which it claims has high efficiency, long lifetime, ‘competitive’ energy density, excellent safety and an ultra-low cost.
The battery energy storage system (BESS) arm of PV module manufacturer Canadian Solar has won a 800MWh order for a project in Arizona from Tucson Electric Power (TEP).
In a trio of UK battery storage announcements, EDF Renewables has commissioned a 50MW battery energy storage system (BESS), while TagEnergy and Exagen have progressed two projects totalling another 175MW.
Arizona Electric Power Cooperative (AEPCO) has received board approval to deploy a solar-plus-storage project with up to 940MWh of capacity, after two smaller co-operatives completed smaller co-located projects in the state.
The intentions of battery storage developers and operators from the UK in Poland and CEE are ‘not very concrete’ with most just ‘getting a feel’ for what’s out there, sources said.
