Contact Energy plans to raise NZ$525 million (US$316 million) in equity funding to fast-track its Contact31+ strategy for its renewable energy and storage pipeline in New Zealand.
Quinbrook Infrastructure Partners has commenced commercial operations for the 619MWh Stage One of its Supernode battery energy storage system (BESS) project, located at the South Pine substation in Queensland, Australia.
Residential energy storage startup Base Power and utility El Paso Electric Company (EPE) have announced a new residential distributed energy resource (DER) pilot programme in Texas, US.
A busy week of large-scale BESS projects news from the Eastern side of Europe, with projects reaching commissioning, final investment decision, technology procurement and acquisition, led by KNESS’ 2GWh partnership with Hithium in Ukraine.
The venture capital (VC) arm of Caterpillar has invested in ElevenEs, a startup building a gigawatt-hour-scale lithium iron phosphate (LFP) cell factory in Europe.
The UK just saw its biggest year of grid-scale battery storage deployments, but planning barriers “threaten to stall momentum,” according to one expert.