India’s first commercial regulated utility-scale battery storage project has gone into operation, and a new partnership claims it will establish local manufacturing in the country this year.
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.
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).
Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.
Energy storage technologies must have the best protections available from hacking threats, writes Adile Ajaja, director of operations, IT and cybersecurity at EVLO.
