How should developers and investors think about long-term BESS revenues in light of eventual market saturation?

Bobwhite Energy Storage, an affiliate of independent power producer (IPP) Tenaska has signed a long-term energy storage agreement (ESA) with utility Tennessee Valley Authority (TVA) for a 225MW/900MWh project in East Tennessee, US.

Power firm EnBW is building a 100MWh BESS in Germany for completion this year (a year later than planned) while BESS platform Noveria Energy has signed a construction agreement with TSO TenneT for a 1GWh project for 2028 operations.

A step toward removing dual grid fees for energy storage units (ESUs) has been hailed as “great news for the Irish storage industry.”

Zambia’s president, Hakainde Hichilema, attended the recent launch of the African country’s largest hybrid renewable energy project.

US battery storage developer Key Capture Energy could be up for sale as its owner considers options to “bring in a financial partner”, Energy-Storage.news has heard.

US ‘multi-day’ energy storage startup Noon Energy has announced an agreement with Meta to reserve up to 1GW/100GWh of long-duration energy storage (LDES) capacity.

BESS platform Ingrid Capacity has received construction permits for two projects in Sweden’s SE4 electricity region which it said could start construction as early as this year.

Danish investment firm Copenhagen Infrastructure Partners (CIP) has begun construction on the 300MW/1,500MWh Patache battery energy storage system (BESS) in northern Chile.

Victorian energy storage designer and manufacturer PowerPlus Energy has secured AU$2.3 million (US$1.65 million) in funding from ARENA.