The government of Turkey, currently processing applications for large-scale energy storage facilities at renewable energy plants, will raise import duties for lithium iron phosphate (LFP) battery products.
More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.
By the end of 2022, US co-located renewable and energy storage projects totalled 41GW of generating power and 5.4GW/15.2GWh of energy storage, according to Lawrence Berkeley National Laboratory (LBNL) analysis.
Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC).
Investor DIF and renewable energy optimiser Pexapark have announced what they claim is the UK’s ‘first bankable and unsubsidised co-located PPA’, for a solar and storage project.