Energy asset developer and owner Statera Energy has clinched a refinancing deal for its 50MW Pelham utility-scale battery storage plant in England, in a transaction which it says demonstrates both the maturity and “bankability” of the asset class.
Utility NV Energy has awarded contracts in the US state of Nevada for over 1,000MW of renewable energy projects – including a 420MW-dc solar farm – and has also requested approval for 100MW of energy storage.
The World Bank plans to make energy storage an integral part of its ‘Scaling Solar’ program, that until now has been focused purely on facilitating large-scale solar tendering, predominantly in Africa.
Median bids received by US utility Xcel Energy in a solicitation for energy resources for energy storage paired with solar came in at US$9 per megawatt lower than the previously observed record.
VLC Energy has become the latest firm to finish its Enhanced Frequency Response (EFR) battery projects following the completion of two projects totalling 50MW.
National Grid has revealed a simplified, more standardised approach to Firm Frequency Response (FFR) procurement whilst teasing the first details of its fast-response follow-up to EFR.
Australian large-scale renewables investor Lyon Group has confirmed it is selling three projects under development, totalling 800MWh of energy storage and 545MW of PV generation capacity, in Queensland, Victoria and South Australia.
A representative of National Grid, the UK’s transmission system operator (TSO), has said that energy storage will be “integral” to the network’s flexibility strategy – while urging developers not to rely solely on early frequency regulation contracts.
Nidec ASI has been selected to construct and maintain four PV plants with co-located energy storage systems on the French island territory of Corsica.
No one moment took energy storage into the mainstream of the UK power system more than the outcome of National Grid’s August 2016 tender for Enhanced Frequency Response (EFR). Reporter David Pratt examines the business case behind Vattenfall's first EFR project and asks what grid operators and regulators' next moves are likely to be.
Submissions for Thailand’s first 300MW hybrid PPA scheme, which encourages use of energy storage to supplement renewable energy generation, are due by 20 October.
Queensland’s tender for 400MW of large-scale renewables and 100MW of energy storage has received 115 proposals from 79 different entities spanning a wide range of technologies, according to the state's energy minister Mark Bailey.
UK electrical distribution system operator Northern Powergrid has begun using a £4 million (US$5.27 million) battery paid for by consumers to sell services to National Grid, despite plans from the national regulator Ofgem to prevent distribution network operators (DNOs) from doing so in future.
India’s Central Electricity Authority (CEA) is debating how and whether to introduce a mandate for solar and wind projects above a certain size to be coupled with energy storage.
Ahead of Thursday, when Expressions of Interest will start being received, a tender for 400MW of renewables and 100MW of energy storage has already attracted ‘huge interest’ in Queensland, Australia.
Tenders for solar-plus-storage projects on French island territories including Corsica, Guadeloupe and Martinique have resulted in winning bids often 40% lower than the victors of previous reverse auctions.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
The UK's main electricity transmission network operator (TNO) National Grid has published a new consultation on its system needs and product strategy which paves the way for a number of new services tenders to be made available from next year.
The Australian state of Queensland has announced a 400MW renewable energy auction with 100MW ring-fenced for energy storage.
India’s biggest utility, NTPC (National Thermal Power Corporation) is seeking bidders to add a 6MW / 24MWh battery energy storage system (BESS) to a 17MW PV plant in Manglutan, South Andaman.
The Victoria government has opened the tender process for the procurement of two 20MW battery systems.
Foresight Group, one of the top five asset owners in UK solar, is expecting to close its first battery storage acquisition in the coming weeks as it looks to complement its existing infrastructure portfolio.
Industry insiders have criticised a lack of encouragement for green energy projects after battery storage won just over 10MW of combined capacity in the latest capacity market auction, well down on the success enjoyed by the technology in December’s T-4 bidding process.
While Brexit – the impending departure of the UK from the European Union – looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.
Nidec ASI has been selected as supplier of batteries to a 49MW energy storage project in the UK by EDF, which will help balance the grid and generate revenues until at least 2035.
What is thought to be India’s first grid-scale energy storage array will be developed and delivered by a joint partnership between system provider AES and Mitsubishi Corporation, it was announced.
German utility SWW Wunsiedel has ordered a large-scale battery storage system from engineering and technology giant Siemens, which will participate in weekly tenders to help balance the local grid.
Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid.
After some hesitation, India’s energy storage market looks to be propelling itself into the big leagues with tenders and private projects on the way, Harsh Thacker of the India Energy Storage Alliance writes.
Bloomberg New Energy Finance (BNEF) senior analyst Logan Goldie-Scot discusses with Energy-Storage.News drivers for the recent uptick in storage across the globe, as well as insights on why America has an ideal regulatory approach to storage technologies, the recent UK tender, and the potential of dynamic markets in Asia Pacific.