Renewables developer and operator Arevon Energy has secured US$1.1 billion in debt and tax equity financing for a solar-plus-storage project in California which features a 150MW/600MWh BESS.

The implications of larger projects, revenue streams of projects, and grid connection issues were discussed on a panel at the ESS EU event in London.

We caught up with James Li, European energy storage director of inverter and BESS provider Sungrow, at the Energy Storage Summit EU 2024.

The government of Queensland has published its official battery strategy as part of the Australian state’s major Energy and Jobs Plan and policies to invigorate its industries.

Developer-operator Strata Clean Energy has completed a US$559 million financing package for its 1.02GWh Scatter Wash BESS project in Arizona, US.

AST, the transmission system operator (TSO) of Latvia, has selected Rolls-Royce Solutions for two battery energy storage system (BESS) projects totalling 80MW of power and 160MWh of capacity.

The panel – Where are the Commercial Opportunities for Co-Location? – was almost full to capacity on the afternoon of the first day of the Summit.

Battery energy storage systems (BESS) were awarded 655.16MW in the UK’s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) after eight rounds at £35.79 (US$45.17)/kW/year.

Battery storage systems are “perhaps the most complex energy asset to optimise” from a market perspective, but the UK industry is handling those challenges.

Battery energy storage system (BESS) integrator Powin will provide developer-operator Pulse Clean Energy with 50MW/110MWh of its Stack750 energy storage system for a UK project.