Lithium-metal battery developer SES AI Corporation has signed a non-binding memorandum of understanding (MOU) with retail energy provider AISPEX to provide up to 100MWh of battery energy storage systems (BESS) at a crypto mining site in Texas, US.

The government of Poland looks set to run further capacity market (CM) auctions with the specific aim of enabling gas plants to win, after BESS wiped the floor with the technology at the last auction.

A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs. 

The cancellation of the 5GW/120GWh Pioneer-Burdekin Pumped Hydro Project in Queensland, Australia, has seen power price forecasts jump by over 60% for 2035.

Netherlands-based system integrator Alfen has been revealed as the supplier for a 31.6MW/126.4MWh BESS currently under construction.

Utility Rocky Mountain Power (RMP) and technology provider Torus have signed a memorandum of understanding (MOU) outlining a strategic partnership and exploration of 70MW of demand response capacity using Torus’ energy storage solutions.

System integrator and project developer On.Energy has closed a US$77.6 million construction credit agreement with Pathward, NA and BridgePeak Energy Capital to build its 160MWh Palo de Agua battery energy storage system (BESS) portfolio.

India’s National Thermal Power Corporation has launched a tender for 1,200MW of solar PV with 600MW/2,400MWh of energy storage systems.

The provincial government of Ontario, Canada, has begun pre-development work on a 1GW/11GWh pumped hydro energy storage (PHES) project.

Engineering group Gamuda and infrastructure developer Ferrovial have been signed up in an early contractor involvement (ECI) deal for a 12GWh pumped hydro energy storage (PHES) project being developed in Queensland.