A 1,200MWh solar-plus-storage twin project is set to be developed in North Queensland, Australia, after success in the recent Capacity Investment Scheme (CIS) tender.

The first Capacity Investment Scheme (CIS) tender round in Australia successfully awarded 3.5GWh of co-located battery energy storage systems (BESS) as renewables-plus-storage projects.

San Antonio, Texas utility CPS Energy and developer OCI Energy entered into a long-term storage capacity agreement (SCA) for a 120MW/480MWh battery energy storage system (BESS) 6 December.

IPP Nofar Energy has agreed a Flexibility Purchase Agreement (FPA) for a 209MWh BESS project in Germany, the first of its kind in Continental Europe, it claimed.

Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.

Sungrow has inked an agreement with CREC to supply 1.5GWh of battery energy storage systems (BESS) in the Philippines.

Optimiser Habitat Energy has secured a deal with Eku Energy to optimise its 250MW/500MWh Williamsdale BESS in the ACT.

Investor-owned utility (IOU) Southern California Edison (SCE) is seeking regulatory approval of resource adequacy (RA) contracts covering 620MW of BESS capacity across three projects.

The Georgia Public Service Commission (PSC) has verified with Energy-Storage.news that it voted unanimously 3 December, to certify utility Georgia Power’s plans to build 500MW of battery energy storage systems (BESS) across four locations.

The US battery storage market is in a rapid growth phase and becoming increasingly competitive, creating an increasing need for sophisticated technologies and a deeper understanding of markets.