UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.
The US Department of Energy Loan Programs Office (LPO) is continuing to work with battery recycling firm Li-Cycle on its loan application, a spokesperson told Energy-Storage.news, after Republican lawmakers questioned the LPO director’s role in granting the loan to the firm.
The Gore Street Energy Storage Fund’s results for the first half of its financial year have demonstrated the benefits of its internationalisation strategy, though its net asset value (NAV) per share fell slightly.
Key contracts have been signed for the first-ever grid-scale battery storage project in Namibia, signifying the African country’s dedication to modernising its energy infrastructure, according to a top local official.
Hawaii’s main utility Hawaiian Electric has entered into contract negotiations with the developers of 15 renewable energy projects, including solar, wind and a combined 2.1GWh of energy storage.
The government of Sri Lanka has entered into a power purchase agreement (PPA) with Australian firm United Solar Group (USG) for a major floating solar power (FPV) and storage project.
Energy storage system integrators are critical to the successful delivery and commissioning of a battery energy storage system (BESS) project, but they are perhaps also best-placed to service the asset once its in operation, argues Ray Saka of IHI Terrasun.
Nuvve, a US startup focused on vehicle-to-grid (V2G) technologies, has been selected to manage grid-connected stationary battery storage in Japan with a combined capacity of 30MWh.
