Tim Buckley of Climate Energy Finance believes the Australian government’s new home BESS subsidy scheme will make it a ‘red-hot market’.

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.

A pinch under 6GWh of grid-scale BESS was approved for construction in the UK last month, bringing the total with planning consent to nearly 130GWh.

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

BESS developer Akaysha Energy has seen its 300MWh Ulinda BESS in Queensland, Australia, is set to enter the commissioning phase.

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

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

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

Battery energy storage system (BESS) developer Giga Storage has closed financing on a 300MW/1,200MWh project in the Netherlands.