A new grid-scale battery storage development platform has launched in Australia with Oliver Yates, former CEO of the Clean Energy Finance Corporation (CEFC), as its chairman.
Arizona utilities Tucson Electric Power (TEP) and UniSource Energy have launched a request for proposals (RFP) for 825MW of ‘firm power’, primarily energy storage, alongside 625MW of renewables.
EV and BESS company BYD will supply its product for a project from Grenergy in Chile which has been claimed as the largest energy storage project in the world.
European lithium-ion battery developer and manufacturer Northvolt has secured a US$5 billion (€4.6 billion) non-recourse project financing package from various EU and Nordic institutions for its manufacturing and recycling plants.
This Friday Briefing looks at the IEA’s recognition that long-duration energy storage will be essential to global decarbonisation and asks what it might take for that message to translate into immediate action.
Gas and geothermal plant developer and operator Calpine Corporation has closed a syndicated financing for what could be one of the largest battery energy storage system (BESS) projects in the US.
Energy storage developer NineDot Energy has secured financing from investors including Manulife Investment Management to progress its pipeline of New York projects.
The increasing cost-competitiveness of LFP battery cells has made first life batteries more attractive than second life ones, Finland-based BESS solutions firm Cactos told Energy-Storage.news after a €26 million (US$28.5 million) fundraise.
