A community-owned battery energy storage system (BESS) in Australia could earn up to AU$250,000 per year, writes GridBeyond Australia’s solar, storage and EV regional director Stace Tzamtzidis.

With the opening of the Capacity Investment Scheme (CIS) tender 3 in Australia last Wednesday (13 November), one major question from the state allocations presented in the market briefing was why Queensland had been granted no capacity.

The government of Cyprus has confirmed financial support will be made available for renewable energy projects paired with energy storage.

Steag subsidiary Iqony and Fluence will deploy a 50MW/200MWh BESS project in Germany, part of which will be contracted under a PPA with train network operator Deutsche Bahn.

Whitehaven Energy, a subsidiary of coal producer Whitehaven Coal and renewable energy generator and retailer Pacific Blue, landed key milestones in developing solar-plus-storage projects in Australia last week.

A flurry of news on DOE Loan Programs Office project loans could show a rush to get deals done before Trump’s administration takes office.

Global decarbonisation targets are impossible without increasing the pace of long-duration energy storage (LDES) adoption 50 times over by 2040, according to the LDES Council.

Clearway Energy has withdrawn three hybrid solar and storage projects from Hawaiian Electric Co’s (HECO’s) latest renewable energy procurement, citing the investor-owned utility’s (IOU’s) “ongoing financial uncertainty”.

Progress on another US Department of Energy (DOE) loan for the battery sector has been announced, this time by NeoVolta, the third in the space of a week since the US election.

Eos, ESS Tech Inc and Energy Vault, the three big-name non-lithium energy storage firms that listed via SPAC deals, saw weak third quarter results.