Battery storage developer and operator Spearmint Energy has closed a US$450 million financing to support its 300MW/600MWh Red Egret battery energy storage system (BESS) project.
Long-duration energy storage (LDES) development and investment company Frontier Power USA (FPUSA) has acquired a 480MWh battery energy storage system (BESS) portfolio from developer-operator Bimergen Energy.
The situation and uncertainty around grid connections and grid fees in Germany is evolving, possibly enabling market participants to look beyond the August 2029 grid fee exemption cut-off date – although uncertainty is still very high.
EDF Power Solutions has commissioned a 50MW/120MWh BESS project in Poland, Eurus has done the same in Hungary, while NGEN and Aretis Group have financed and enlisted optimisers (respectively) for projects in Hungary, Romania, Poland, Slovenia and Latvia.
In this US news roundup, OCI Energy, MN8 Energy, GridStor, and Grenergy advance battery energy storage system (BESS) projects in Texas, California, Colorado, and Georgia.
Invinity Energy Systems has been enlisted to design and deliver the world’s largest flow battery, for a data centre project in Switzerland currently under construction by Flexbase.
China-headquartered battery storage system integrator HyperStrong and German power electronics manufacturer SMA Solar have signed a strategic cooperation agreement.
“Policy and market frameworks must evolve” in ASEAN countries to unlock the full value of energy storage in the region’s energy transition, according to a new report.
On May 20, JA Solar announced the appointment of Wang Junsheng as president of its energy storage subsidiary, with the appointment taking immediate effect.
