Arizona utilities Tucson Electric Power (TEP) and UniSource Energy have launched a request for proposals (RFP) for 825MW of ‘firm power’, primarily energy storage, alongside 625MW of renewables.
EV and BESS company BYD will supply its product for a project from Grenergy in Chile which has been claimed as the largest energy storage project in the world.
European lithium-ion battery developer and manufacturer Northvolt has secured a US$5 billion (€4.6 billion) non-recourse project financing package from various EU and Nordic institutions for its manufacturing and recycling plants.
Australia runs a great risk of failing to meet its ambitious but achievable renewable energy goals, writes Stephanie Bashir, CEO of Nexa Advisory, who explains why utility-scale energy storage is among the crucial tools in the country’s energy transition toolkit.
Netherlands-based BESS developer Giga Storage has unveiled a 600MW/2,400MWh project it is developing in neighbouring Belgium, one of the largest planned projects in Europe.
This Friday Briefing looks at the IEA’s recognition that long-duration energy storage will be essential to global decarbonisation and asks what it might take for that message to translate into immediate action.