The energy storage market in Poland is “not an undersupplied one”, has higher financing costs and there is a two-year window in which you need to get in to capitalise on the opportunities, said renewable energy developer and IPP Aquila Clean Energy.
The Australian government has granted approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), a 1,200MW / 2.4GWh two-hour duration battery energy storage system (BESS) in the state of Victoria.
The transferability provisions under the Inflation Reduction Act (IRA) in the US “will unlock billions” in capital for clean energy, said financing firm Evergrow as it claimed the first tax credit transfer transaction.
Malaysian manufacturing firm Leader Energy has tied up with BASF Stationary Energy Storage to develop long-duration energy storage projects in southeast Asia using the sodium-sulfur battery technology of NGK.
Audrius Baranauskas, head of innovation at Lithuanian TSO Litgrid, talked Energy-Storage.news through its 200MW storage-as-transmission BESS units, deployed by system integrator Fluence.
Developers Innova and Banks Renewables have progressed two large-scale battery energy storage system (BESS) projects in the UK totalling 3.7GWh of capacity.
Developer Hexagon is talking to investment bankers with a view to selling a portfolio of battery storage projects in the ERCOT, Texas market, totalling 2GW.
EVLO Energy Storage, a battery energy storage system (BESS) integrator and manufacturer, has been selected to provide 4-hour duration battery storage solutions to three projects in Ontario, Canada.
Multiple tenders seeking gigawatts of ‘firm and dispatchable’ renewable energy have been launched in India in recent months by state-owned or administered enterprises.
