AIP Management has agreed to acquire an equity stake from Clearway Energy Group, in Pine Forest, a 300MWac solar PV and 200MW/400MWh battery energy storage system (BESS) project in Texas, US.

State-owned utility and power generator Eesti Energia has completed and put into commercial operation the first large-scale BESS in Estonia.

Regulators earlier this month approved a scheme to support grid-scale energy storage facilities, aligned with New York’s 6GW by 2030 policy target.

Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million (US$239.15 million).

2.6GWh of utility-scale battery energy storage projects have been successful in Western Australia’s first Capacity Investment Scheme tender.

Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.

“BESS project financing is rapidly evolving,” says Niall Brady of Australia’s Clean Energy Finance Corporation (CEFC).

Energy storage technologies must have the best protections available from hacking threats, writes Adile Ajaja, director of operations, IT and cybersecurity at EVLO.

Energy-Storage.news proudly presents our sponsored webinar with Clean Horizons on the impacts of grid connection limitations on battery energy storage system (BESS) development.

Thimo Mueller of AEMO Services, believes the value of energy storage in Australia will be higher than investor expectations.