Cubico Sustainable Investments has formed a joint venture (JV) with a local developer in Italy to develop 1GW-plus of battery energy storage system (BESS) projects.
A large-scale battery storage facility providing ancillary services to the grid has gone into commercial operation at the site of a hydroelectric power plant in the Philippines.
Optimising co-located BESS is “much more complicated” than standalone and few companies can do it well, panellists on Day 2 of Solar Finance & Investment Europe (SFIE) said.
In a double whammy of Sweden BESS market news, developer SENS has secured the land for a 40MW project while system integrator Alfen will deploy a 20MW system at a wind farm.
The government of Turkey, currently processing applications for large-scale energy storage facilities at renewable energy plants, will raise import duties for lithium iron phosphate (LFP) battery products.
The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).
EV and BESS company BYD will supply its product for a project from Grenergy in Chile which has been claimed as the largest energy storage project in the world.
