The low prices and strict operational requirements in Italy’s recent MACSE auction for BESS have brought asset management and operational execution into the spotlight.
India’s Adani Group has made its first entry into the battery storage market, announcing a ‘flagship deployment’ that will be the country’s largest project so far when completed.
Queensland Investment Corporation (QIC) and EDP Renewables Australia have signed an exclusivity agreement to develop the Punchs Creek Renewable Energy Project, a 1,600MWh solar-plus-storage project in Queensland’s Toowoomba region.
Hassan Allam Utilities and Infinity Power have signed agreements with Egypt’s Ministry of Electricity and Renewable Energy and the Egyptian Electricity Transmission Company for two renewable energy projects in the country.
The government of Spain has chosen the 143 energy storage projects that will receive capex support from an EU-backed scheme, totalling nearly 9GWh of capacity.
IPPs Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia, while Olana and Energix have enlisted optimisers for BESS projects in Lithuania and Poland, respectively.
A flurry of BESS news from companies operating across Germany and the Netherlands, with utility Lichtblick launching construction on a 470MWh project in Saxony, Giga Storage inaugurating a project in Amsterdam, and cross-border BESS platform Return raising €300 million.
