The world’s largest lithium-ion company CATL has released its Q3 results, with revenue growth recovering from the previous period but its market share ‘somewhat impacted by capacity constraints’, a company executive said.
Recurrent Energy has closed a construction financing for an energy storage project in Arizona. Meanwhile, Cypress Creek Renewables has reached financial close for its solar-plus-storage project in Colorado.
A roundup of large-scale European BESS project news, with Principia completing a project in Greece, Repono buying one in Romania, Kyon choosing optimisers for two in Germany and Voltalia and NGEN targeting Portugal.
South Australia has officially opened its inaugural Firm Energy Reliability Mechanism (FERM) tender round, seeking up to 700MW of long-duration energy storage (LDES) capacity to enhance grid reliability and support the state’s renewable energy transition.
Ameresco has put Arizona’s largest behind-the-meter battery energy storage system (BESS) into operation, meanwhile Alliant Energy has begun operating Wisconsin’s largest BESS to-date.
Quebec-based IPP Boralex has received the green light from local authorities to move forward with a 125MWh/500MWh BESS located in Oxford County, Ontario.