The Spanish Ministry of Ecological Transition (MITECO) has awarded €360 million (US$415 million) to 1.14GW of solar PV co-located with battery energy storage system (BESS) projects.
IPP Prosalia has commissioned a 15MW/60MWh battery storage system at a solar PV plant in Portugal, while power group EDP has added one to a hybrid wind and solar project in Spain.
Sodium-ion BESS startup Moonwatt expects the battery chemistry to reach price cost parity with lithium iron phosphate (LFP) in the next two or three years, according to its CCO, Valentin Rota.
Chinese battery manufacturer CATL will supply 2,400MWh of battery energy storage systems (BESS) for Edify Energy’s Smoky Creek and Guthrie’s Gap Solar Power Stations in central Queensland.
Four large-scale BESS projects totalling a combined 2.2GWh of capacity in major EU markets can now proceed with construction following successful financing by owners OX2, R.Power, BRUC and Aukera.
We catch up with Ingmar Wilhelm, co-founder and CEO of developer and IPP Galileo, after the firm commissioned its first own-operate renewable energy project.
Solar PV and wind are now the cheapest sources of power, with co-located hybrids increasingly delivering round-the-clock electricity at fossil fuel-competitive costs in high-resource regions, according to a new report by IRENA.