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.
BESS has won big in Poland’s capacity market (CM) auction for 2029 delivery, with potentially 2.5GW of projects winning contracts including from Axpo, OX2, R.Power, FRV and PGE.
San Antonio, Texas utility CPS Energy and developer OCI Energy entered into a long-term storage capacity agreement (SCA) for a 120MW/480MWh battery energy storage system (BESS) 6 December.