US utility giant NextEra Energy added 1.84GW of renewables and energy storage projects to its backlog in Q2 2021, but its Energy Resources division reported a fiscal loss of US$315 million.
North Carolina Eastern Municipal Power Agency (NCEMPA) has issued a Request for Proposals (RFP) for battery storage to manage its electricity costs, with 15-year contracts on the table for the delivery and operation of a turnkey energy storage system.
Vena Energy Australia has achieved financial close for its 100MW / 150MWh Wandoan battery energy storage system project in Queensland and named Doosan GridTech as engineering, procurement and construction partner.
The battery storage optimisation and energy trading teams at EDF and Centrica Business Solutions – stalwarts of the UK’s Big Six of utility companies – have won 40MW of new deals to optimise large-scale battery storage systems.
US electricity provider Direct Energy Business will be using some of the world’s largest battery energy storage systems to help cover its customers’ peak demand for power, signing contracts with project developer and investor LS Power.
A group of Community Choice Aggregators (CCAs) in California, US, are seeking long-duration energy storage to add resiliency to their electricity networks serving around three million customers.
Major Australian utility company AGL has signed a 15-year contract for “operational dispatch rights” to a 100MW battery storage system to be built in Queensland.
The pipeline of projects currently stands at 11GW, and although it is unlikely that this will all be built, we currently see nearly 800MW of projects at the ‘under construction/ready to build’ stage.
