EDP and SRP complete 200MW/800MWh Arizona BESS, Pathway Power closes $150m facility, and B2U secures Waymo supply deal for second-life EV batteries in grid storage.

Minimising counterparty risk is a key component of the German BESS sector, particularly amid ongoing political uncertainty.

The president of Chile, José Antonio Kast Rist, was in attendance as IPP Grenergy inaugurated a 3.5GWh battery energy storage system (BESS).

General Motors (GM) has partnered with sodium-ion (Na-ion) battery storage startup Peak Energy to target the grid-scale energy storage market.

A trio of notable Germany announcements: Aquila Clean Energy EMEA has financed a merchant project, Chint Solar has sold a portfolio to Second Foundation while Twaice will provide analytics on behalf of BayWa r.e..

Gamuda Renewables has secured an interest in the 1,800MWh Hazelwood North solar-plus-storage project in Victoria, Australia.

“The word tsunami describes very well the hype that was in Germany,” said Cristina Yandiola at this week’s Energy Storage Summit.

The upcoming German capacity market must be designed in such a way that enables BESS to generate revenue, according to industry experts.

Greater clarity in both government policy and market mechanisms could be essential if the German BESS industry is to realise its potential.

Rolls-Royce and Fluence have secured BESS orders in Latvia and Poland, respectively, while CATL has partnered with Merus Power for 3GWh of deployments across Northern Europe.