While steps are being taken, Spain still lacks the market mechanisms and regulatory framework for large-scale energy storage.

Energy storage is expected to play a significant role in enabling the global data centre build-out, although the commercial and financing models developers will use are evolving, Energy-Storage.news has learned.

Lenders requirements for contracted revenues for BESS projects in the UK appears to have softened, an executive at investment firm Triple Point said.

A subsidiary of Juniper Green Energy has fully brought into commercial operation what the company claimed is India’s first merchant BESS project.

“A multi-stream revenue stacking model” made it possible for Pacifico Energy to self-fund a new grid-scale battery storage project in Japan.

Manoa Energy and HD Renewable Energy Japan have begun commercial operation of a 50MW/104MWh battery storage project in Hokkaido, Japan.

We catch up with the CFO and co-founder of German BESS own-operate platform Terra One, after its €150 million (US$173 million) mezzanine financing to scale up in Europe’s hottest energy storage market.

Asset manager MEAG and a subsidiary of inverter specialist SMA have partnered to deploy a 130MW/354MWh BESS in Germany, their second together and one which will deploy ‘next-generation’ inverters.

Renalfa IPP has secured a €315 million (US$367 million) financing package from an EBRD-led consortium to support a 1.6GW renewables, 3.3GWh BESS rollout in Bulgaria, Hungary, Romania, and North Macedonia.

Asset manager MEAG has acquired a 92.5MW/231MWh BESS in Germany, fully merchant-financed, which optimiser Entrix will trade in the electricity market.