Construction has begun on a 30MW battery energy storage system (BESS) in Finland, developed by Glennmont Partners, local IPP Ilmatar, and deployed by ESS firm Alfen.
The Italian grid-scale energy storage market is set to become one of the most active in Europe in the next few years having been close to non-existent until now.
Renewable energy developer TagEnergy has closed a €570 million (US$622 million) green bond for its solar, wind and energy storage pipeline in the UK, Europe and Australia.
Developers Spearmint Energy, On.Energy, Nexus Renewables and Granite Source Power have collectively secured US$300 million for US battery storage projects, the bulk by Spearmint.
Significant partnerships in Germany have been struck on second life energy storage and large-scale deployments, by ABO Wind and Tricera, and Kyon Energy and Obton, respectively.