Specialist insurer Altelium has launched a new ‘all risk’ battery energy storage system (BESS) insurance solution, in partnership with global insurer and reinsurer MS Amlin.
Siemens’ international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW.
Norwegian lithium-ion gigafactory startup FREYR Battery has signed a binding agreement with renewable energy group Statkraft covering 2024-31 for its first two gigafactories.
The German utility-scale storage revenue stack for new projects has been totally reshaped by recent events and regulatory changes as the market moves to 100MW-plus ticket sizes, local developer ECO STOR told Energy-Storage.news.
French renewable power producer and developer Akuo Energy has commissioned a 29.2MWh battery energy storage system (BESS) in Tonga, several weeks after powering up a 19MWh project in Martinique.
Co-located storage is growing as a proportion of the UK market with 7.2GW of projects in the pipeline, but structuring deals and offtake agreements presents a complex challenge according to an expert source.
Renewable energy developer Maoneng has received grid connection approval on its 240MW/480MWh Mornington Peninsula battery energy storage system (BESS) in Victoria.
