A double-header of news from Central America and the Caribbean, with Belize seeking consultants for a 40MW BESS and Wärtsilä commissioning a hybrid project in the US Virgin Islands.
While contractual parties are rarely ironing out end-of-life provisions for BESS, those that do are keeping their options open with the future value of degraded batteries far from clear, a UK-based lawyer said.
Eolian, BrightNight and esVolta, three US-headquartered developers and independent power producers (IPPs) with energy storage projects in their portfolios and pipelines, have each announced major financing.
Ark Energy, a renewable energy developer, has submitted a development application for a 500MW solar-plus-storage project in Myrtle Creek, in north New South Wales, Australia.
A new tender from the Solar Energy Corporation of India (SECI) seeks 2,000MW of solar PV combined with 1,000MW/4,000MWh of energy storage system (ESS) technology.
Japanese power company J-Power has completed its takeover of Australian renewable energy and energy storage developer Genex Power in a deal worth AUS$351 million (US$229 million).
We hear from Modo Energy about the latest developments for BESS revenues in the ERCOT, Texas market, including how numerous trends are making optimising projects increasingly complex.
The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and energy storage manufacturing.
The Department of Energy (DOE) of the Philippines government has confirmed that a tender for renewable energy projects with integrated energy storage will launch this year.
