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.

System integrator Fluence will provide 200MW/400MWh of BESS for dependent power producer (IPP) DTEK’s projects in Ukraine.

Developer and IPP R.Power has received €15 million (US$15.6 million) in non-reimbursable state financing to build a 2-hour BESS project in Romania.

A green energy subsidiary of Japanese conglomerate Marubeni has brought online a megawatt-scale battery storage demonstration project in Vietnam.

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.

EPCG, a utility and distribution network operator (DNO) in the Southeast European country of Montenegro, is looking to add 300MW of BESS to its grid.

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.

The deadline has now passed for Bulgaria’s EU-backed support scheme for standalone energy storage, and the bids submitted amount to four times the available capital available.

A consortium of development finance institutions led by the Asian Development Bank (ADB) and IPP Gulf Energy have signed a US$820 million loan agreement for a solar and storage portfolio in Thailand.