The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.
Australian AI infrastructure developer Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.5GWh of battery storage by 2032.
Axpo and e-Storage have partnered on a BESS in southern Italy, RES Group has signed a full-scope battery asset management agreement in Sweden, while R.Power has agreed to sell a Poland BESS project to Engie.
On 29 June, the China Energy Storage Alliance (CNESA) and the China Automotive Battery Industry Innovation Alliance jointly released the ‘Initiative on Standardising Supplier Payment Practices for Power and Stationary Storage Battery Enterprises.’
French independent power producer (IPP) Neoen Australia has begun construction of a 215MW/963MWh battery energy storage system (BESS) at its 440MWp Culcairn Solar Farm in New South Wales, Australia.
Two recent microgrid projects highlight the expanding role of flow batteries, with Quino Energy deploying organic flow batteries in the Maldives and the Paskenta Band of Nomlaki Indians integrating zinc hybrid cathode storage in Northern California.
IPP Enlight Renewable Energy has announced that its US subsidiary Clēnera Holdings has entered into a debt financing framework agreement for the CO Bar Complex in Arizona, US.
