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Intersect Power's Athos III project in Riverside, California, which is currently under construction. Image: Intersect Power.

US developer Intersect secures US$750 million for renewables, energy storage pipeline

July 4, 2022
Intersect Power has secured US$750 million funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.
Transgrid operates high voltage lines for New South Wales and the Australian Capital Territory. Image: Transgrid.

Transgrid: Billions of dollars in net benefit from large-scale battery projects in New South Wales

July 4, 2022
Grid-scale battery storage has emerged as the preferred option to ensure reliable electricity supplies in regions of New South Wales, Australia.
energy storage news

ROUNDUP: VPPs and 50MWh BESS financed in California, microgrids in Nigeria, Nissan second life project

July 1, 2022
News in brief from around the world in Energy Storage.
Philippines

Philippines’ SMC Global Power past halfway mark in 1,000MWh battery storage rollout – report

July 1, 2022
The first 500MWh of SMC Global Power’s battery storage portfolio has been installed.
Forecasted NEM capacity to 2050 under AEMO’s Step Change scenario. Source: AEMO.

Australia’s National Electricity Market ‘needs 46GW/640GWh of dispatchable energy storage by 2050’

July 1, 2022
As the role of coal declines and ends in Australia’s NEM, huge growth in dispatchable energy storage capacity will be needed in the mix.
merchant battery

ArcLight: Legacy thermal plant sites ‘make excellent potential locations for battery projects’

June 30, 2022
ArcLight views its portfolio of existing thermal power plant assets as “excellent potential locations for battery projects”.
jupiter power ercot texas

Jupiter Power brings operational BESS capacity in Texas to 450MWh with second large-scale project

June 30, 2022
US battery energy storage system (BESS) integrator Jupiter Power has turned its second 200MWh BESS online in Texas, bringing its total capacity in the state’s market to 450MWh.
berenberg swiss life asset managers german utility scale energy storage market bcp battery holding

Swiss Life Asset Managers enters German utility-scale energy storage market with acquisition

June 30, 2022
Swiss Life Asset Managers has acquired a 50% stake in BCP Battery Holding, a company with several utility-scale battery energy storage system (BESS) developments in Germany.
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Construction starts on 200MWh Fluence BESS projects in Lithuania for 2022 completion

June 30, 2022
Construction has begun on the first of four battery energy storage systems (BESS) totalling 200MW/200MWh from global system integrator Fluence in Lithuania.
Image: FREYR Battery.

FREYR Battery expands gigafactory plan amid pledge of support from Norway’s government

June 30, 2022
FREYR Battery will go ahead with construction of its first battery gigafactory in Norway, which has announced a National Battery Strategy.

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Our Next Energy launches US-made ESS products, American Energy Storage Innovations winding down

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California BESS legislation update: Progress for pragmatic approaches, not for the extreme

California’s battery storage installations grow to almost 16GW

CBRE IM invests in Engie’s 2.4GW Texas and California BESS portfolio

Fluence grows US manufacturing footprint with Arizona factory opening

Commissioning begins on South Australia’s second-largest BESS

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