Energy solutions integrator Alfen is building a 12MW battery energy storage system (BESS) with black start functionality for co-location with a wind farm in Finland.
Siemens’ international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW.
Alongside its many benefits, growing deployments of energy storage will pose complex challenges around availability of data and resource planning for grid and distribution network operators.
The California Public Utilities Commission (CPUC) has approved 497MW of energy storage procured by utility Southern California Edison (SCE) to come online from August 2023 through June 2024.
The German utility-scale storage revenue stack for new projects has been totally reshaped by recent events and regulatory changes as the market moves to 100MW-plus ticket sizes, local developer ECO STOR told Energy-Storage.news.
London-listed solar and storage investor Bluefield Solar Income Fund has acquired two 40MW battery energy storage system (BESS) projects for £4.5 million (US$5.7 million).
French renewable power producer and developer Akuo Energy has commissioned a 29.2MWh battery energy storage system (BESS) in Tonga, several weeks after powering up a 19MWh project in Martinique.
Co-located storage is growing as a proportion of the UK market with 7.2GW of projects in the pipeline, but structuring deals and offtake agreements presents a complex challenge according to an expert source.
Renewable energy developer Maoneng has received grid connection approval on its 240MW/480MWh Mornington Peninsula battery energy storage system (BESS) in Victoria.