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ancillary services UK capacity market auction

Batteries earn big in European ancillary services, but investors warned of high expectations

November 30, 2022
Energy crisis resulted in high ancillary services revenues for battery storage, with some assets earning four times more than expected.
Awardee Sunamp makes thermal 'heat batteries'. Pictured is CEO Andrew Bissell at the company's premises in East Lothian, Scotland. Image: Sunamp.

Long-duration energy storage projects get US$40 million from UK government

November 29, 2022
UK government Department for Business, Energy and Industrial Strategy has provided US$39.67 million to five energy storage projects.
vanadium redox flow battery energy storage mustang vanadium M&A cellcube bushveld

Bushveld restructures CellCube investment

November 28, 2022
Bushveld Minerals is restructuring its investment in vanadium redox flow battery (VRFB) firm CellCube, increasing it slightly to 27.6%, as part of its own energy storage business carve-out.
rwe germany solar storage wind battery PV co-located

RWE building two co-located energy storage projects in NRW, Germany

November 28, 2022
European utility and power generation firm RWE is building two co-located energy storage projects totalling 10.6MW in North-Rhine Westphalia, Germany.
sungrow ess webinar cover image

VIDEO: Stabilising the grid with Sungrow’s ESS technology

November 24, 2022
PV Tech proudly presents this Tech Talk webinar in conjunction with Energy-Storage.news.
Inauguration of Ukraine's first grid-scale BESS in 2021. Ukraine joined ENTSO-E as an Observer Member in April 2022. Image: DTEK.

Ukraine tender would pair hydroelectric plants with large-scale battery storage

November 23, 2022
Tender to pair hydro plants in Ukraine with battery storage, amid reports of massive damage to the country’s grid and generation fleet.
Groundbreaking at the factory site was attended by federal and state politicians. Image: Fenecon.

Germany’s Fenecon builds ESS factory which will repurpose EV batteries

November 23, 2022
Fenecon has begun construction of factory in Germany which will repurpose electric vehicle (EV) batteries into stationary storage systems.
ancillary services UK capacity market auction

UK’s Harmony Energy brings online Europe’s ‘largest battery storage system in MWh terms’

November 22, 2022
UK clean energy developer Harmony Energy has brought online a 98MW/196MWh battery energy storage system (BESS) project.
second life third life EV battery energy storage

Repurposing EV batteries into ‘third life’ energy storage and beyond

November 22, 2022
Could we start seeing ‘third life’ or even ‘fourth life’ energy storage, with EV batteries deployed in multiple different systems in their lifetime?
berenberg swiss life asset managers german utility scale energy storage market bcp battery holding

Berenberg finances 32MWh BESS projects in Germany

November 17, 2022
Munich-headquartered international banking firm Berenberg has provided debt financing for two battery energy storage projects in eastern Germany totalling 32MWh.

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