A 150MW battery energy storage system (BESS), to be deployed along with 373MW of solar PV as part of the Cleve Hill Solar Park project, has reportedly been rejected by the local planning authority in the UK.
London Stock Exchange-listed battery storage investment firm Harmony Energy Income Trust (HEIT) has predicted that it can generate “attractive returns” despite the ongoing woes in battery energy storage revenues in the GB market.
We hear from industry sources about why we’ve seen a flurry of investors acquiring energy storage developer-operators in the UK and Germany, Europe’s two largest markets by BESS deployments.
Energy Storage Canada (ESC) is “thrilled” that the Canada Infrastructure Bank’s (CIB’s) investment into a large-scale battery storage portfolio will enable Indigenous communities to hold a stake in it.
Spain and the Netherlands have launched subsidy schemes to support domestic manufacturing of clean energy technologies, including batteries and solar PV modules.
Masdar Arlington Energy, Renewable Power Capital and TagEnergy have broken ground on, acquired and financed projects UK battery energy storage system (BESS) projects totalling 162MW of power.
US$150 million has been raised in a Series B by Antora Energy, a US-based startup with a novel ‘thermal battery’ technology claimed to be suitable for decarbonising industrial processes.
Turkey-headquartered lithium-ion and energy storage manufacturer Kontrolmatik Technologies will deploy a 1GWh energy storage project on home soil with financing provided by Chinese energy firm Harbin Electric.
BESS route-to-market (RTM) and optimisation firms in the UK are increasingly looking at a wider variety of contracting mechanisms beyond the revenue-share or ‘merchant’ model, developer-operator Eku Energy told Energy-Storage.news.
Renewables developer and operator Arevon Energy has secured US$1.1 billion in debt and tax equity financing for a solar-plus-storage project in California which features a 150MW/600MWh BESS.
