Renewables developer and operator Arevon Energy has secured US$1.1 billion in debt and tax equity financing for a solar-plus-storage project in California which features a 150MW/600MWh BESS.
The government of Queensland has published its official battery strategy as part of the Australian state’s major Energy and Jobs Plan and policies to invigorate its industries.
AST, the transmission system operator (TSO) of Latvia, has selected Rolls-Royce Solutions for two battery energy storage system (BESS) projects totalling 80MW of power and 160MWh of capacity.
Battery storage systems are “perhaps the most complex energy asset to optimise” from a market perspective, but the UK industry is handling those challenges.