Long-term BESS offtake and PPA deals are clearly on the rise in Europe, but how are they evolving vi-a-vis structures, tenors and regional differences?
The Institute of Electrical and Electronics Engineers (IEEE) has published information and recommendations for battery management systems (BMS) in stationary energy storage applications.
IPP Ormat Technologies has put an 80MW/320MWh BESS in California into commercial operation, and will now leverage the investment tax credit (ITC) for which it is eligible.
Transferability and the Inflation Reduction Act (IRA) have opened up tax equity financing to the wider corporate world, but significant risks remain with so many new entrants, tax credits specialist Foss & Company told Energy-Storage.news.
Specialist renewable energy insurance company kWh Analytics considers thermal runaway to still be the single most important risk that energy storage system developers must consider.