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.
Capacity market (CM) auctions have concluded in Italy and Belgium and battery energy storage system (BESS) projects won the lion’s share of new contracts.
In this Q&A, Enel North America CEO Paolo Romanacci discusses the IPP’s operational BESS projects, pipeline and deployments as well as his views on wider US industry challenges.
Utility and IPP Enel has sold a 49% stake in its subsidiary that will own and operate 1.7GW of battery energy storage system (BESS) projects in Italy, to investor Sosteneo.
The North American arm of Italy-based energy firm Enel has secured a PPA with a Boston Properties (BXP) for part of a solar-plus-storage project in the ERCOT, Texas market, which has a 104MW BESS.
A 60MWh battery energy storage project co-located with an existing solar PV plant has been proposed in Spain, the latest to qualify for a recently-announced €150 million package of grants.