System integrator Energy SpA and its vertically integrated peer Pylon Technologies have formed a joint venture (JV) to set up a gigafactory in Italy producing batteries for energy storage.
Italy is seeing “too many solar developers moving into storage” and issues around the spike in BESS capex costs shortly after 2022’s capacity market auction, sources told Energy-Storage.news.
System operators Amprion and E.ON are launching a series of non-wires alternative energy storage projects totalling 250MW in Germany, claimed to be the first of their kind.
Switzerland-based renewable energy firm Axpo has acquired its second energy storage development in Sweden, a co-located project with 25MW of energy storage.
UK-based utility Octopus Energy will optimise UK battery storage projects for UAE-based Masdar, which has committed to investing £1 billion (US$1.25 million) in the country’s grid-scale market.
Oil and gas firm TotalEnergies has enlisted subsidiary Saft to deploy a 25MW/75MWh battery energy storage system (BESS) at a refinery in Antwerp, Belgium.