Developers Emeren and Matrix Renewables, part of private equity firm TPG, intend to launch a development service agreement (DSA) for 1.5GW of battery storage in Italy.
The Italian grid-scale energy storage market is set to become one of the most active in Europe in the next few years having been close to non-existent until now.
BESS projects in ERCOT, Texas, will be hit by a double whammy of market saturation and new rules around minimum state-of-charge (SOC), as the technology helps the state battle a severe heatwave.
Finance institutions GMO and PIDG will finance a first battery storage project in Senegal dedicated to frequency regulation, the first in the region, project developer Africa REN claimed.