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EU approves €20 million state aid to energy storage company in Croatia

September 13, 2022
The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a series of grid-connected projects.
Image: Storlytics.

Grid-tied battery lifecycle estimation, the Achilles’ heel of energy storage project development

September 13, 2022
Sherif Abdelrazek from energy storage software company Storlytics on one of the major challenges still faced in the BESS space.
A NESF solar power plant, pictured in 2019. Image: NextEnergy Solar Fund.

UK’s NextEnergy Solar Fund in US$233 million battery storage partnership with developer Eelpower

September 13, 2022
London Stock Exchange-listed NESF has launched a joint venture partnership with developer Eelpower worth £200 million (US$233 million).
Rendering of containerised NGK NAS battery storage. Image: NGK Insulators.

NGK to install sodium-sulfur battery storage at former LNG facility in Japan

September 13, 2022
A large-scale sodium-sulfur (NAS) battery energy storage system made by NGK Insulators will be installed at a former LNG terminal in Japan.
Conrad Energy breaking ground on another recent UK project site. Image: Conrad Energy.

ROUNDUP: UK developers make announcements on more than 600MW of new projects

September 12, 2022
This edition of news in brief comes from another busy week for our colleagues covering the UK energy transition.

Energy Vault to start deploying 275MWh BESS in California; adds to existing pipeline

September 12, 2022
Gravity-based energy storage company Energy Vault is to immediately begin deploying a previously-announced 275MWh battery storage system project in California for Wellhead Electric and W Power.
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First Tesla Megapack BESS in Hungary arrives for installation

September 12, 2022
Three Tesla Megapacks have arrived for installation at a power plant in Hungary, the first energy storage project in the country to use the EV giant’s grid-scale product.
A vanadium redox flow battery (VRFB) system manufactured by E22, a subsidiary of Spanish renewables company Gransolar. VRFB is among the broad suite of technologies that can deliver long-duration storage. Image: E22 / Gransolar.

Aquila Capital buying 440MWh of battery storage projects in South Australia

September 12, 2022
Aquila Capital will acquire a pipeline of large-scale battery storage projects in development in Australia, from Spain’s Gransolar Group.
Battery storage installation underway at the project. Image: Pattern Energy.

Pattern Energy closes financing on Japanese offshore wind project with 100MW/180MWh battery storage

September 12, 2022
Pattern Energy has achieved financial close on an offshore wind project in northern Japan to include a 100MW battery energy storage system.
Construction activity underway at the site. Image: Qcells / PRWeb.

US$150 million financing closed by Qcells for largest standalone BESS in Texas’ ERCOT market

September 9, 2022
Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project.

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