Renewables owner and operator Brookfield Renewable has tripled its US development pipeline to 31GW through the US$650 million acquisition of clean power developer Urban Grid.
Gresham House, a stock exchange-listed investor in battery storage in the UK and Ireland, has said the majority of its development pipeline projects could have at least two hour durations of storage when built.
Vertically-integrated solar PV company Canadian Solar is co-developing 1.5GW of battery storage projects in the UK, extending a partnership with developer Windel Energy.
US$137.4 million worth of customer orders have been booked so far this year by Eos Energy Enterprises and the zinc hybrid cathode battery storage company said that figure could reach US$300 million by the end of 2021.
A 200MWh battery energy storage system (BESS) project in Australia has been awarded to New HOrizons Ahead (NHOA), the rebranded energy storage and e-mobility solutions company formerly known as Engie EPS.
Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.
The UK is undoubtedly one of the hottest global markets for battery storage today and a considerable pipeline of projects exists. Analyst Mollie McCorkindale from Solar Media Market Research explains some of the methodologies to filter out the top 10 projects in development.
UK energy storage investor Gore Street Energy Storage Fund raised £135 million (US$187.89 million) towards deploying a 1.3GW development pipeline, with the funds also to be used for a potential 80MW acquisition for its portfolio of battery projects.
Financial backing to support early development phases in battery storage and renewable energy projects has been found by Momentum Energy Storage Partners, a project development company launched by DNV GL’s former energy storage lead for the North Americas region.
