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Swiss Life Asset Managers enters German utility-scale energy storage market with acquisition

June 30, 2022
Swiss Life Asset Managers has acquired a 50% stake in BCP Battery Holding, a company with several utility-scale battery energy storage system (BESS) developments in Germany.
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Construction starts on 200MWh Fluence BESS projects in Lithuania for 2022 completion

June 30, 2022
Construction has begun on the first of four battery energy storage systems (BESS) totalling 200MW/200MWh from global system integrator Fluence in Lithuania.
Image: FREYR Battery.

FREYR Battery expands gigafactory plan amid pledge of support from Norway’s government

June 30, 2022
FREYR Battery will go ahead with construction of its first battery gigafactory in Norway, which has announced a National Battery Strategy.
The 6MW ground mounted PV array. Image: GPM / Mahindra Susten.

VIDEO: Business models and drivers for India’s energy storage market

June 30, 2022
Energy-Storage.news proudly presents this sponsored webinar with Clean Horizon, discussing the prime potential of energy storage in India.
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UK Roundup: 100MWh Wärtsilä project, US$93 million financing for Field, Westbridge gets grid connection

June 30, 2022
News in brief, from another busy week for our colleagues reporting on the UK battery storage market at Solar Power Portal.
energy storage definition law bundestag germany

Germany finally gives energy storage its own legal definition

June 29, 2022
The German parliament has passed law amendments giving energy storage its own legal definition, in a move welcomed by industry sources.
pumped hydro energy storage switzerland

20GWh pumped hydro energy storage plant starting operations in Switzerland

June 29, 2022
A pumped hydro energy storage (PHES) plant with a capacity of 20GWh in Valais, Switzerland, will begin operations on Friday, 1 July.
FCAS services remain the biggest revenue stream for most BESS assets in Australia, like the Hornsdale Power Reserve (pictured). Image: Neoen.

Hornsdale Power Reserve issued with penalty for failure to deliver contingency services

June 29, 2022
Hornsdale Power Reserve in South Australia has been fined for breaching National Electricity Rules over a three month period in 2019.  
An existing community, or neighbourhood battey site in Western Australia. ARENA has called for systems of between 500kW and 5MW from applicants. Image: Horizon Power.

Australia ‘should adopt energy storage target, drop capacity mechanism plans’

June 29, 2022
Australia’s Clean Energy Council calls for an energy storage target, while arguing that a plans for a capacity mechanism should be scrapped.
energy dome co2 battery

Energy Dome raises US$11 million in bridge financing

June 28, 2022
Energy Dome, an Italy-based company which has developed a novel CO2-based long-duration energy storage system, has closed an US$11 million bridge funding round.

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

Recurrent Energy’s 1,200MWh Arizona BESS reaches commercial operation

US renewables and battery storage developers Avantus, Arevon, and Clearway secure financing

US energy storage to ‘retain momentum’ post-reconciliation bill, near-term rush to complete projects

US ROUNDUP: TerraFlow-Storion flow battery partnership, JinkoSolar’s distributed Massachusetts systems, Lightshift secures US$40 million

Lydian Energy closes US$233 million financing for three Texas BESS provided by CATL

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