The European renewable energy IPP arm of Korean conglomerate Hanwha Group, Q Energy, has started building one of the largest battery energy storage system (BESS) projects in France.
This year has seen major energy storage deployment plans announced by telecommunications network operators in Finland and Germany, and substantial fundraises by ESS firms targeting the segment.
Developer Redeux Energy Partners has enlisted Marathon Capital to sell a solar and storage portfolio with 160MW/640MWh of battery storage in the MISO and SERC grid territories.
The Poland arm of UK-based developer Harmony Energy is looking to bid in around 500MW of battery storage projects into the upcoming capacity market auction, executive director Michał Maćkowiak said.
A dedicated energy storage investment division has been launched by Foss & Company, an investment and investment services firm which specialises in tax credit transactions, with US$3 billion targeted by 2028.
Renewable energy firm Enlight has commissioned two solar-plus-storage projects in Israel in the last few weeks, totalling 71MWh of energy storage capacity.
John Leonti, head of the energy transactional practice at law firm Troutman Pepper, reflects on the year since the Inflation Reduction Act (IRA) passed, and considers what we might see going forward, in a Q&A.
