Cubico Sustainable Investments has formed a joint venture (JV) with a local developer in Italy to develop 1GW-plus of battery energy storage system (BESS) projects.
Another roundup of news in brief from the UK’s busy energy storage market with project and financial news from Copenhagen Infrastructure Partners, Gore Street Energy Storage Fund, and a tax break for home batteries.
While more energy-dense BESS units mean packing more into smaller footprints, they may have additional implications for noise and fire safety, a developer source told Energy-Storage.news.
Independent power producer (IPP) Neoen has launched construction on a 93.9MW/93.9MWh battery energy storage system (BESS) in Sweden, the largest in the country.
Wärtsilä’s energy storage division saw a 20% year-on-year increase in sales and a 31% increase in order intake from 2022 to 2023, with the company board in mid-consideration of the business unit’s future.
A large-scale battery storage facility providing ancillary services to the grid has gone into commercial operation at the site of a hydroelectric power plant in the Philippines.
We catch up with SemperPower, developer and owner of the two largest BESS projects in the Netherlands, discussing its commercial model, challenges, grid, regulations and more.
Optimising co-located BESS is “much more complicated” than standalone and few companies can do it well, panellists on Day 2 of Solar Finance & Investment Europe (SFIE) said.
The UK battery storage market is suffering a “weak revenue environment”, with assets not able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability, according to Gresham House Energy Storage Fund.
