Australian investment bank Macquarie Asset Management (MAM) has agreed to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI) in a deal worth up to US$1.73 billion.
Supply chain risk platform Infyos discusses its research into forced and child labour in the battery supply chain, suppliers risk of exposure to it and what business risks that could entail for those in the ESS industry – particularly around the EU Batteries Regulation.
The decision to slash energy storage de-rating factors for the next capacity market auction in Poland will not be the death knell of the market, and may actually have some positives, project developers and IPPs said.
Real estate developer ERNE Gruppe and architecture firm FlexBase are hoping to start construction on a data centre project in Switzerland next year, which will include a ‘non-flammable and non-explosive’ 500MW energy storage unit.
The government of Queensland has committed to investing in a factory in the Australian state that will make flow batteries based on iron electrolyte technology.
PV module manufacturer Trina Solar has submitted a planning application for a 660MW/2,640MWh battery energy storage system (BESS) in Wellesley, in the Shire of Harvey, Western Australia.
Energy Plug Technologies and the Malahat Nation have confirmed that construction has started on Canada’s first indigenous-led energy storage gigafactory in Mill Bay, British Columbia.
The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.
