US$5 million will be made available for long-duration energy storage (LDES) projects via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Liquid air energy storage firm Highview Power has raised £300 million (US$384 million) from the UK Infrastructure Bank and utility Centrica to immediately start building its first large-scale project.
TCC Group Holdings, the majority owner of New HOrizons Ahead (NHOA), intends to increase its holding and take the company private, delisting it from the Euronext Paris exchange. Â
BHE Renewables (BHER) has secured Power Purchase Agreements (PPAs) with California community electricity provider Clean Power Alliance (CPA) relating to two of the developer’s hybrid solar-plus-storage projects in Kern County, California.
Norway-headquartered renewable energy company Scatec will add 28.6MW of solar PV and 19.2MWh of battery energy storage systems (BESS) to projects in Cameroon, via a local subsidiary.
We hear from consultancy AFRY about how energy storage can reduce market risks for CfD-winning projects in the UK, now and in future, as Ørsted launches a BESS at a major wind farm project with a CfD.
Europe’s annual battery storage deployments doubled in 2023, but the pace of adoption is still much slower than required, according to SolarPower Europe.
One of the world’s most widely deployed non-lithium electrochemical energy storage technologies has received an upgrade, with the launch of NGK and BASF Stationary Energy Storage’s the NAS MODEL L24.