Infrastructure investor I4B and utility Luminus have closed the financing and launched construction on a 150MW/600MWh BESS project in Belgium.

The Capacity Market (CM) in Germany will offer a new potential revenue stream for BESS, but not all developers and owner-operators are convinced.

Battery energy storage system (BESS) developer Giga Storage has closed financing on a 300MW/1,200MWh project in the Netherlands.

Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.

Developer BayWa r.e. has sold a 300MW BESS in the Netherlands to tank storage company Vopak.

Engie North America has partnered with CBRE Investment Management (CBRE IM) on a 2.4GW battery energy storage system (BESS) portfolio in Texas and California, US.

Utility and power generation firm Engie has started construction on a 100MW/400MWh BESS project in Belgium, for which it has enlisted system integrator NHOA Energy to provide the BESS.

Grid limitations can impact the business case for battery storage assets for a number of reasons, writes Amira Belazougui of Clean Horizon.

Financial close was achieved on a 270MWh battery storage project in Belgium by removing as much asset and revenue risk as possible, Energy-Storage.news has heard.