On the first day of All-Energy Australia 2024, held in Melbourne on October 23, Kate Clark, programme manager at Victoria’s Department of Energy, Environment, and Climate Action, stated: “There are many different definitions and types of value that can be generated by community batteries.”
Lithium-ion OEM LG Energy Solution will slow its expansion to focus on increasing utilisation at existing production lines, while also starting battery production in the US for energy storage next year, it revealed in its quarterly results.
The South American Andes regional arm of utility and IPP AES has started commercial operations on a project in Chile pairing 211MW of solar and a 130MW/650MWh BESS.
Minister of the Environment and Energy Security Gilberto Pichetto has signed a decree allowing Italy to proceed with its energy storage capacity market auction, known as MACSE, in the first half of 2025.
UK utility SSE’s renewable energy arm has started constructing a 320MW/640MWh battery energy storage system (BESS) in North Yorkshire. When completed, it will be one of the country’s largest.
Engineering consultancy Sweco has been contracted to design one of Europe’s largest battery energy storage systems with a storage capacity of 2,800MWh in Belgium.
Renewable energy developer TagEnergy has energised what it claims is the UK’s ‘largest’ transmission-connected battery energy storage system (BESS): the 100MW/200MWh Lakeside project in North Yorkshire.
Australian investment bank Macquarie Asset Management (MAM) has agreed to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI) in a deal worth up to US$1.73 billion.
