India’s energy storage industry is at a turning point as developers, financiers, and policymakers work to define viable business models for the next wave of large-scale battery projects. 

Developer Ilmatar and investor Nuveen Infrastructure have put a 30MW/41MWh BESS in northern Finland into commercial operation.

Infrastructure investor I4B and utility Luminus have closed the financing and launched construction on a 150MW/600MWh BESS project in Belgium.

Luma Energy, the US-Canadian joint venture (JV) responsible for the Puerto Rican electricity distribution network will build nine energy interconnection points with Linxon US LLC and their partner AtkinsRéalis Caribe, to integrate renewable energy projects.

Philippines president Ferdinand Marcos Jr attended as construction began on what is thought to be the world’s largest power plant to combine solar PV and battery storage.

AI-driven asset management startup Proximal Energy has been selected by investor Excelsior Energy Capital to optimise a fleet of battery storage projects in the US.

Luigi Resta, president of rPlus Energies, discusses the developer’s efforts to be first past the post in building new pumped hydro energy storage projects in the US with ESN Premium.

From leading players to startups, here are some tasty quotes from interviews taped at RE+ this week in Anaheim, California, US.  

Infrastructure investor Actis has entered a strategic partnership with the companies behind a 3.5GW solar, 4.5GWh BESS project in the Philippines, one of the largest in the world.

Infrastructure investor InfraVia has bought a majority stake in Giga Storage, a Netherlands-headquartered BESS developer which is building a 2.4GWh project in Belgium.