Multinational power firm Engie has acquired two large-scale BESS projects in Spain, paired with synchronous condensers and has launched construction on a BESS in France.
A panel at the 2026 US Energy Storage Summit in Dallas, Texas, discussed the “creative, innovative structures” developers are having to embrace to secure long-term revenues for energy storage projects.
The Canadian Province of Prince Edward Island’s PEI Energy Corporation (PEIEC) has issued a request for expressions of interest (REOI) for a 10-50MW, four-hour duration battery energy storage system (BESS).
Quebec-based IPP Boralex and Six Nations of the Grand River Development Corporation (SNGRDC) have announced the closing of a CA$202 million (US$145.12 million) financing for a 125MW/500MWh battery energy storage system (BESS) in Oxford County, Ontario, CA.
The project represents a US$128.6 million investment and is scheduled to begin construction this year, with commercial operations commencing in December 2026.