The Philippines needs to establish clearly defined rules for the market participation of energy storage systems (ESS), the chair of the country’s regulator has said.
Asset manager AIP Management has bought a 49% stake in a 2.4GWh UK portfolio from global BESS investment platform BW ESS for a deal in excess of £650 million (US$873 million).
Lithium-ion OEM Hithium’s failed Hong Kong listing amidst a lawsuit from larger competitor CATL may point to wider industry trends, with an increasingly competitive and larger battery industry meaning ever higher stakes.
Investor-owned utility (IOU) Southwestern Public Service Company (SPS) is seeking approval from the New Mexico Public Regulation Commission (NMPRC) to construct a new eight-project portfolio of self-build energy assets.
Major US utility company Duke Energy has filed its biennial long-range energy modernisation plan for North and South Carolina, US. The plan includes a 5,600MW battery storage target.
Solar PV and energy storage firm Canadian Solar has entered into battery storage agreements (BSAs) and long-term services agreements (LTSAs) with Aypa Power for the Elora and Hedley battery energy storage system (BESS) projects in Ontario, Canada.
The TSO of Italy has completed its first MACSE auctions for energy storage, procuring 10GWh of capacity at what the NHOA CEO called ‘exceptionally competitive prices’.
Power firm VPI has signed a 700MW pipeline BESS joint venture in Germany with developer Noveria Energy, while system integrator ADS-TEC has revealed a 1GW/2GWh project.
