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Image: esVolta.

Generate Capital enters front-of-the-meter energy storage market with developer acquisition

July 22, 2022
Generate Capital has acquired US large-scale battery storage developer esVolta.
Detail of cell stacks at the completed demonstration system at VRB Energy's project in Hubei Province. Image: VRB Energy.

First phase of 800MWh world biggest flow battery commissioned in China

July 21, 2022
Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China.
pge group poland battery storage bess

State-owned power company to build 800MWh BESS in Poland

July 21, 2022
State-owned power company PGE Group has obtained regulatory approval to build a 200MW/820MWh battery energy storage system (BESS) in Poland.
Tesla battery storage at a site in Australia. The company said customer appetite for battery storage remains strong. Image: Elgar Middleton.

Tesla’s energy storage business remains ‘component-constrained’

July 21, 2022
Tesla deployed more than a gigawatt-hour of battery storage in Q2 2022, but the company has been impacted by component supply issues.
Venture capital funding into energy storage has decreased while debt and public financing become increasingly prevalent. Image: Solar Media from Mercom Capital data.

Mercom: Energy storage corporate funding for first half of 2022 nearly equals 2021 total

July 21, 2022
In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.
wartsila marine energy storage

Energy storage orders recover in Q2 for Wärtsilä as sector hit by ‘investment uncertainty’

July 21, 2022
After falling by more than two-thirds in quarter one 2022, energy storage order intake increased 19% in quarter two for marine and energy solutions company Wärtsilä.
fotowatio frv tyler hill uk battery storage greece

Fotowatio Renewable Ventures’ UK partnership kicks off delayed 198MWh battery storage project

July 21, 2022
Fotowatio Renewable Ventures (FRV) and UK developer Harmony Energy have begun construction of their 198MWh Tesla battery project in England.
EDP's floating PV plant (in background) at the hydropower dam in Alqueva, Portugal. Image: EDP

Portuguese utility EDP adding battery storage to floating solar-hydropower hybrid plant

July 21, 2022
Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was energised earlier this month.
black mountain energy storage recurrent canadian solar bess texas ercot

Arizona utility groups sign PPA for 300MW/600MWh solar-plus-storage power plant

July 20, 2022
PPA has been signed for a large-scale solar-plus-storage power plant by a group of Arizona municipal utilities and local authorities.
aypa blackstone

Blackstone’s Aypa Power secures US$88m loan for 173MWh BESS in Texas

July 20, 2022
Blackstone portfolio company Aypa Power has closed an US$88 million construction and term loan facility for Wolf Tank, a 173MWh standalone energy storage project in Texas.

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Tesla expects to have 4.5GW of grid-forming BESS operating in Australia by the end of 2026

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