Octopus Australia has acquired the Coleambally battery energy storage system (BESS), a 100MW/400MWh standalone project in development located in southern New South Wales.
Energy storage developers are securing significant capital and strategic partnerships, with ESS Inc launching a 50MWh iron flow battery pilot, Energy Vault closing a US$300 million investment, and NineDot obtaining US$175 million in debt financing.
A flurry of grid-scale BESS project progress totalling more than a combined 1.5GWh in the past week, from Renalfa in Bulgaria, Engie in Romania, Nala Renewables in Finland and Metlen in Greece.
Publicly-owned energy company CleanCo Queensland’s 250MW/500MWh Swanbank battery energy storage system (BESS) has officially registered with AEMO and commenced its testing and commissioning phase.
According to a new report from the US Energy Storage Coalition (ESC), PJM faces an urgent near-term requirement for affordable capacity to accommodate large loads expected through 2032.
IPP Eolian has closed a US$463 million financing package to support the continued construction of Padua 2 and Padua 3, two battery energy storage systems (BESS) totalling 350MW/1.7GWh in Bexar County, Texas.
Thermal energy storage (TES) technology company Kyoto Group’s latest project will displace the use of natural gas at a corn processing plant in Hungary, Europe.
