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California ISO adopts energy storage-friendly market reforms

December 22, 2022
The California Independent System Operator (CAISO) has enacted market rule changes to make it easier for energy storage to provide grid ancillary services and help grid reliability.
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Battery storage projects totalling 130MWh win contracts in Poland energy auctions

December 22, 2022
Battery storage projects from Hynfra Energy Storage and OX2 totalling 130MWh have won contracts in energy auctions in Poland this week.
A 200MW/400MWh LFP BESS project in China, where lower battery prices continue to be found. Image: Hithium Energy Storage.

Hithium LFP cells used in China’s ‘largest standalone battery storage project’

December 22, 2022
A 200MW/400MWh BESS has gone live in Ningxia, China, equipped with Hithium lithium iron phosphate (LFP) cells.
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CATL continues BESS drive with 10GWh Gresham House deal

December 22, 2022
China-based battery cell OEM CATL and UK energy storage investor Gresham House have entered into a long-term agreement for the supply of 7.5GWh of BESS, potentially rising to 10GWh.
Elsewhere in Queensland, developer Genex is building Australia's first new PHES plant in 40 years at the site pictured, in Kidston. Image: Genex Power.

Copenhagen Infrastructure Partners buys Queensland renewables-plus-storage hub development

December 22, 2022
Renewable energy hub in Australia which will include 16-hour pumped hydro plant acquired by Copenhagen Infrastructure Partners (CIP).
caes compressed air energy storage corre eneco netherlands long duration ldes energy storage caes

Corre to deploy 320MW CAES long-duration energy storage facility for Eneco in Netherlands

December 21, 2022
Utility Eneco and Corre Energy have signed an agreement for the latter to deploy a 320MW, 84-hour duration compressed air energy storage system (CAES) in Groningen, the Netherlands.
gore street capital energy storage fund

UK BESS investor Gore Street reports strong financials despite macroeconomic headwinds

December 21, 2022
Despite macroeconomic challenges, Gore Street’s asset value surged 45% over six months as ancillary service revenues stayed strong.
origis mitsubishi florida southeast us battery storage

Mitsubishi Power deploying 600MWh of battery storage for Origis in Southeast US

December 21, 2022
The power solutions arm of Mitsubishi Heavy Industries will deploy three co-located battery storage projects for Origis Energy in the Southeast United States.
A 10MW PV plant in Germany. Image: Enerparc.

Independent power producer ILOS Projects raises €500 million for European solar, storage pipeline

December 21, 2022
ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.
Anthony Albanese (pictured) and the Labor Party have taken on board the need for storage in making clean energy dispatchable, Dr Bruce Mountain said. Image: Anthony Albanese's office via Twitter.

‘Major breakthrough’: Australia’s support for energy storage tackles key electricity policy issue

December 21, 2022
Australian energy ministers’ agreement to tender for renewable energy and energy storage is a “major breakthrough in federal policy”.

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DTEK and Fluence start commissioning 200MW/400MWh Ukraine portfolio

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Gore Street to sell investment tax credits for California BESS

Developers X-Elio, BID submit 5.2GWh of BESS applications to Australia’s EPBC Act

Egypt: AMEA Power commissions country’s first large-scale BESS at solar PV plant

Tesla Megapack XL units arrive for Stanwell’s 1,200MWh BESS in Queensland, Australia

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