While contractual parties are rarely ironing out end-of-life provisions for BESS, those that do are keeping their options open with the future value of degraded batteries far from clear, a UK-based lawyer said.
Eolian, BrightNight and esVolta, three US-headquartered developers and independent power producers (IPPs) with energy storage projects in their portfolios and pipelines, have each announced major financing.
Recurrent Energy is seeking a loan from financial institution North American Development Bank (NADBank) to fund the construction of a 100MW/200MWh standalone battery storage facility located in Maverick County, Texas.
A new tender from the Solar Energy Corporation of India (SECI) seeks 2,000MW of solar PV combined with 1,000MW/4,000MWh of energy storage system (ESS) technology.
The Department of Energy (DOE) of the Philippines government has confirmed that a tender for renewable energy projects with integrated energy storage will launch this year.
Updating the New York Fire Code for battery storage will increase the safety and standardisation of installations in the state, with lessons learned from previous incidents, Energy-Storage.news has heard.
Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.
