Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla will supply Megapacks for a BESS project while Sumitomo will deploy a 12MWh vanadium flow battery.
The government of Estonia will financially back a 500MW pumped hydro energy storage project to meet the country’s need for long-duration energy storage, as the Baltics prepare to disconnect from Russia’s grid this weekend.
The government of Poland looks set to run further capacity market (CM) auctions with the specific aim of enabling gas plants to win, after BESS wiped the floor with the technology at the last auction.
Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.
Grenergy has raised financing for the fourth phase of a solar-plus-storage project in Chile set to feature 11GWh of battery storage capacity when completed.