Manoa Energy and HD Renewable Energy Japan have begun commercial operation of a 50MW/104MWh battery storage project in Hokkaido, Japan.

The low level of the MACSE tariffs in Italy took everyone by surprise and will require careful asset management, but their relative value and those of the capacity market (CM) should increase over time. 

Daiwa Energy & Infrastructure (DEI), an asset manager backed by investment bank Daiwa Securities, has invested in a large-scale battery storage project in northern Japan.

We gather the industry reaction to the MACSE auction in Italy, which saw TSO Terna procure 10GWh of long-term capacity at what most agreed are extremely low prices.

The TSO of Italy has completed its first MACSE auctions for energy storage, procuring 10GWh of capacity at what the NHOA CEO called ‘exceptionally competitive prices’.

Investment and IPP news from across Europe, with DTEK buying a BESS project in Poland, Ingrid inaugurating one in Sweden and Triodos investing in a German portfolio.

Although the government in Poland has taken steps to open up its energy storage market, regulatory challenges remain.

Fluence has deepened its partnership with Ukraine-headquartered energy company DTEK, agreeing to supply a large-scale battery storage project in Poland.

IPP Neoen has enlisted BESS supplier NHOA Energy for its first energy storage project in Italy.

Greater deployment of renewable energy and battery storage in Illinois would help mitigate soaring costs of capacity market auctions in PJM Interconnection territory.