The Capacity Market (CM) in Germany will offer a new potential revenue stream for BESS, but not all developers and owner-operators are convinced.

A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.

Rachel Locquet of Clean Horizon explores dynamics shaping Europe’s main markets and how to make the best decisions for maximising revenues.

Western Australia has expanded the state’s home BESS rebate scheme, which is expected to lower installation costs for around 100,000 households.

A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.

California CCA SDCP has amended the terms of two power purchase agreements relating to the two largest solar-plus-storage projects in its portfolio.

Germany is regularly described as Europe’s hottest market for energy storage, but its current regulatory framework is holding it back and changes down the line are also a concern.

Hithium has opened a 10GWh battery module and system factory in Texas, while LG Energy Solution has begun mass-producing cells in Michigan.

The California Public Utilities Commission (CPUC) has launched a US$280 million initiative to help low-income residents of the state install battery storage and solar panel systems.

Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.