US energy storage provider and renewable asset management services group Stem Inc. has confirmed guidance that it will be EBITDA positive throughout 2024.
London Stock Exchange-listed battery storage investment firm Harmony Energy Income Trust (HEIT) has predicted that it can generate “attractive returns” despite the ongoing woes in battery energy storage revenues in the GB market.
Fluence has been issued the required Notice to Proceed on a battery storage project in Australia, which will provide inertia services via the system’s advanced inverter equipment.
Last week’s T-1 Capacity Market auction in the UK cleared at a slightly higher price than expected, and battery storage developers that successfully took part were the auction’s “big winners,” according to one analyst.
BESS route-to-market (RTM) and optimisation firms in the UK are increasingly looking at a wider variety of contracting mechanisms beyond the revenue-share or ‘merchant’ model, developer-operator Eku Energy told Energy-Storage.news.
This Friday Briefing wants to know where the people who translate clean energy ambition into reality will be coming from, and the UK BESS industry sails on.
The inverters at an upcoming 300MW/600MWh project in Scotland, UK, will enable the asset to deliver inertia that is “essential for the grid to function efficiently”.
