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Software & Optimisation

Darlington Point and Riverina, a BESS project in New South Wales, Australia, equipped with Tesla Megapacks. Image: Edify Energy.

BESS arbitrage revenue in Australia’s NEM records 97% year-on-year increase amid volatility

July 26, 2024
AEMO says the NEM has seen energy trading for battery energy storage systems (BESS) revenue rise 97% year-on-year (YoY) to AUS$25.4 million.
SRP's BESS resources include Plus Power's Sierra Estrella project (pictured), Arizona's largest standalone BESS to date. Image: Salt River Project

Utility offtake agreement signed for gigawatt-hour scale BESS project in Arizona

July 24, 2024
Arizona utility Salt River Project has signed agreement for dispatch rights to 250MW/1,000MWh battery energy storage system (BESS) project.
Japan is targeting for 36% to 38% of its electricity to come from renewable sources by 2030, up from about 20% today. Image: Andy Colthorpe / Solar Media

Japanese government selects battery aggregators for JPY9 billion subsidy scheme

July 23, 2024
The Japanese government has published the list of battery aggregators that successfully applied to a scheme to promote energy storage systems.
Tesla recently signed a 15.3GWh multi-year Megapack supply deal with US developer Intersect Power. Pictured is one of Intersect's project sites in Texas where Megapack units can be seen during installation. Image: Intersect Power

Tesla signs 15.3GWh Megapack BESS supply deal with US developer

July 19, 2024
Tesla has agreed to supply US solar PV and energy storage developer Intersect Power with 15.3GWh of its Megapack battery storage solution.
Tesla recently signed a 15.3GWh multi-year Megapack supply deal with US developer Intersect Power. Pictured is one of Intersect's project sites in Texas where Megapack units can be seen during installation. Image: Intersect Power

Intersect Power closes US$837 million financing for ‘portfolio-balancing’ Texas battery projects

July 18, 2024
US solar PV and energy storage project developer Intersect Power has closed two financing deals worth US$837 million for three battery energy storage system (BESS) projects.
Close-up of Saticoy, a 100MW/400MWh BESS project in California which Strata Clean Energy developed before selling it on to Arevon. Image: Anthony Fulgieri / Strata Clean Energy

Strata Clean Energy signs tolling agreement for 600MWh BESS with Arizona Public Service

July 16, 2024
US solar PV and energy storage project developer Strata Clean Energy has signed a long-term tolling agreement for a 150MW/600MWh battery storage project in Arizona, US.
Optimisation BESS tolls
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‘Merchant will keep the most upside’: Europe’s move to tolling agreements for battery storage in focus

July 15, 2024
We hear from Gresham House and optimisers Capalo AI and Flower on the BESS industry’s move away from merchant-only models towards more contracted revenues.
EnergyCo in New South Wales announced about a week ago that testing had begun at Akaysha's Waratah Super Battery. Image: EnergyCo via LinkedIn

Akaysha Energy closes AU$650 million deal for 1.6GWh+ Australia BESS project

July 15, 2024
Akaysha Energy has closed financing for a battery storage project in New South Wales, Australia that is planned to be in excess of 1,660MWh capacity.
The company is primarily known for its V2G technology. Here, Thomas Raffeiner, CEO The Mobility House, Henk van Raan, CIO Johan Cruijff ArenA, and Laurens Ivens, Alderman Amsterdam City Council inaugurate a project at a football stadium in Amsterdam. Credit: The Mobility House.

The Mobility House bringing ‘second life’ optimisation experience to large-scale BESS expansion in Germany

July 11, 2024
Vehicle-to-grid (V2G) specialist The Mobility House is moving into large-scale BESS project development and optimisation in Germany, starting with a 750MW project.
The asset will help balance generation of Octopus' renewable assets in Queensland including the 180MW Dulacca wind farm (pictured). Image: RES

Octopus Australia wins planning approval for 1GWh standalone BESS project in Queensland

July 11, 2024
Octopus Group’s first standalone battery energy storage system (BESS) project in Australia has won local approval in Queensland.

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Evyon and Elywhere merge second life BESS and EV charging businesses

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