The Australian government’s start of competitive tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.
Spain-based developer and IPP Grenergy has detailed its investment plans for 2023-2026, totalling US$2.6 billion including what it claimed is the ‘largest BESS in the world’ in Chile.
Changing electricity market dynamics and regulations in the US are increasing the need for AI-driven software solutions, the CEO of Stem Inc told Energy-Storage.news after a recent 10GWh partnership with developer SB Energy.
Three large-scale battery storage projects and one virtual power plant were the winners of a recent competitive tender held on behalf of the government of New South Wales (NSW), Australia.
Another substantial development agreement for battery energy storage system (BESS) projects in Italy has been struck, this time between solar and storage installer Lemon Sistemi and investor Volt ESG.
Developer Kyon Energy has claimed the largest approved BESS in Europe for a 275MWh project in Germany, just as regulators extend grid fee exemptions for energy storage by three years to 2029.
Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours.
Renewable energy developer and operator Arevon has completed the financing for a 600MWh solar and storage project in California, US, including US$191 million of investment tax credits (ITC) provided using new transferability provisions.
