With technology risk now largely removed from the equation, assessing how a battery storage project will perform across market opportunities is now the main object of financiers’ scrutiny, writes Ryan Alexander of enspired.
Zen Energy, a South Australian renewable energy company co-founded by economist Ross Garnaut, has appointed voluntary administrators after its retail business failed to secure a viable buyer.
Singapore-headquartered clean energy developer Vena Energy has raised AU$1.4 billion (US$970 million) in green finance to support 614MW of solar PV capacity and 1,141MWh of battery energy storage systems (BESS) in Australia.
Germany’s policymakers, regulators and energy storage industry must carefully consider the issues of grid connections and grid fees, writes Thomas Antonioli of developer Terra One.
Neoen Australia has signed virtual battery agreements with energy retailers Nectr and SmartestEnergy for Stages 2 and 3 of the Western Downs Battery in Queensland.
Virginia’s biggest standalone BESS comes online, Cypress Creek raises funding for a gigawatt-scale hybrid resource, and Kore Power’s mobile solutions subsidiary is sold, in this edition of news in brief.