The New Mexico Public Regulation Commission has approved an application from Public Service Company of New Mexico to add 309.5MW of energy storage to the investor-owned utility’s portfolio by summer 2026.
Utility Octopus Energy will pay Gresham House Energy Storage Fund (GRID) a fixed fee to use half of its UK BESS portfolio, at a price which it said is ‘above the current merchant revenue stack’.
Invinity Energy Systems, a technology company that develops vanadium redox flow batteries (VRFB), plans to expand its manufacturing footprint in Scotland, UK.
Equinor-owned East Point Energy has submitted a Public Facility Review application with the Prince William Planning Commission in Virginia, US, for the construction of a standalone battery energy storage system (BESS).
The government of Poland has proposed a de-rating factor for battery energy storage systems (BESS) in the next capacity market auction of 57%, which one developer warned would be a ‘lethal blow’ for 2- and 4-hour projects.
Business model innovation and considering how to integrate projects into the wider energy systems will be key for long-duration energy storage (LDES) companies, partners at VC firm RA Capital told Energy-Storage.news.
Market-ready artificial intelligence (AI) is a key feature of battery management to deliver sustainable revenues for a more competitive renewables market, writes Dr Adrien Bizeray of Brill Power.
ZEN Energy’s 138MW/330MWh Templers battery storage project in South Australia has broken ground after clearing the grid connection approval process in ‘record time,’ according to technology provider Sungrow.
