Developer esVolta has secured tax equity financing for a 30MW/60MWh BESS in California while Atlantica Sustainable Infrastructure has signed PPAs for two projects with one of the state’s utilities.
The national electric utility of Senegal, Senelec, has signed a 20-year capacity change agreement (CCA) with developer Infinity Power for a 40MW/160MWh battery energy storage system (BESS) project.
Developer Kyon Energy has claimed the largest approved BESS in Europe for a 275MWh project in Germany, just as regulators extend grid fee exemptions for energy storage by three years to 2029.
Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours.
Eskom, the public utility company of South Africa, has inaugurated a 20MW/100MWh battery energy storage system (BESS) aimed at mitigating the challenging situation facing the country’s grid.
Renewable energy developer and operator Arevon has completed the financing for a 600MWh solar and storage project in California, US, including US$191 million of investment tax credits (ITC) provided using new transferability provisions.