Masdar Arlington Energy, Renewable Power Capital and TagEnergy have broken ground on, acquired and financed projects UK battery energy storage system (BESS) projects totalling 162MW of power.
Rimac Energy is deploying its first pilot projects after announcing its entry into the energy storage system (ESS) market one year ago, and we caught up with its head of business development while at the Energy Storage Summit EU in London.
US$150 million has been raised in a Series B by Antora Energy, a US-based startup with a novel ‘thermal battery’ technology claimed to be suitable for decarbonising industrial processes.
Last week’s T-1 Capacity Market auction in the UK cleared at a slightly higher price than expected, and battery storage developers that successfully took part were the auction’s “big winners,” according to one analyst.
Results of the 18th Forward Capacity Auction (FCA) held by ISO New England have been filed, with energy storage’s participation having soared in recent years.
Italy-headquartered energy storage solutions provider NHOA Energy grew revenues 33% in 2023 despite a 20% industry-wide drop in prices, it said in its full-year results.
BESS route-to-market (RTM) and optimisation firms in the UK are increasingly looking at a wider variety of contracting mechanisms beyond the revenue-share or ‘merchant’ model, developer-operator Eku Energy told Energy-Storage.news.
This Friday Briefing wants to know where the people who translate clean energy ambition into reality will be coming from, and the UK BESS industry sails on.
The inverters at an upcoming 300MW/600MWh project in Scotland, UK, will enable the asset to deliver inertia that is “essential for the grid to function efficiently”.
