The government of the Canadian province of Quebec has approved the construction of an energy storage manufacturing facility from Réseau Allégé Québec (RAQ).
UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.
In a trio of UK battery storage announcements, EDF Renewables has commissioned a 50MW battery energy storage system (BESS), while TagEnergy and Exagen have progressed two projects totalling another 175MW.
The intentions of battery storage developers and operators from the UK in Poland and CEE are ‘not very concrete’ with most just ‘getting a feel’ for what’s out there, sources said.
Battery storage developer and operator Spearmint Energy has closed a US$92 million tax equity investment into a battery storage project in the ERCOT, Texas market.
Developer Kyon Energy has secured construction approval for a 2-hour large-scale battery energy storage system (BESS) project in Saxony-Anhalt, Germany.
The Central and Eastern Europe (CEE) energy storage market is in its infancy but has the potential to leapfrog more developed markets with Poland in a leading position, said executives from Fluence.