Utah is not perhaps a US state people would immediately associate with cutting edge clean energy tech development, but that’s where sonnen’s virtual power plant (VPP) offering took shape.
Developer Ingrid Capacity and the storage arm of maritime firm BW Group are now building 14 BESS projects in Sweden with a combined capacity of over 200MW, with the latter also entering the Italian market.
Blackstone and Foss & Company have completed transferability investment tax credit (ITC) deals for BESS projects in California and Texas, a market which has grown “faster than anyone expected” according to tax credit ecosystem Crux.
Blackstone Credit & Insurance, the newest business division of global asset manager Blackstone, has closed financing for a large-scale battery storage project in California, US, with developer Arevon.
The Republic of Ireland’s environment minister Eamon Ryan was on hand last week as a 75MW/150MWh battery energy storage system (BESS) was officially inaugurated.
Energy storage executives from global assurance and risk management provider DNV analyse the UK government’s proposal to kickstart investment into long-duration energy storage (LDES).
