The low level of the MACSE tariffs in Italy took everyone by surprise and will require careful asset management, but their relative value and those of the capacity market (CM) should increase over time.
US residential solar and energy storage installer Sunrun has posted revenue of US$724.6 million in the third quarter of this year, as the company implements its “storage-first strategy”.
E-Storage, Canadian Solar’s energy storage subsidiary, has been contracted to provide engineering, procurement, and construction (EPC) services on the 411MW/1,858MWh Skyview 2 battery energy storage system (BESS) in Edwardsburgh Cardinal, Ontario, CA.
BESS and flexible generation provider Statera Energy has secured £235 million (US$309 million) in debt financing for its 680MW/1,360MWh Carrington BESS project in Manchester, UK.
Sodium-ion (Na-ion) battery energy storage system (BESS) startup Peak Energy has announced a multi-year phased agreement with developer Jupiter Power to supply up to 4.75GWh of Na-ion BESS.
The US development arm of Milan, Italy-headquartered developer Nadara has encountered a setback in its pursuit of a 200MW hybrid BESS destined for Arizona.
State-backed power firm PPC Renewables has launched construction on its a large-scale BESS in Greece, for which Trina Storage will supply the energy storage technology.