The Central and Eastern Europe (CEE) energy storage market is in its infancy but has the potential to leapfrog more developed markets with Poland in a leading position, said executives from Fluence.
Battery energy storage systems (BESS) in the Nordics are seeing “extremely attractive revenues”, Finland-based optimiser Capalo AI said, as developers SENS and Ilmatar announced 70MW of projects in Sweden.
Developer Origis Energy has started building three solar-plus-storage projects in Mississippi, US, with battery energy storage systems (BESS) totalling 150MW supplied by Mitsubishi Power Americas.
The transferability provisions under the Inflation Reduction Act (IRA) in the US “will unlock billions” in capital for clean energy, said financing firm Evergrow as it claimed the first tax credit transfer transaction.
Audrius Baranauskas, head of innovation at Lithuanian TSO Litgrid, talked Energy-Storage.news through its 200MW storage-as-transmission BESS units, deployed by system integrator Fluence.
Developer Hexagon is talking to investment bankers with a view to selling a portfolio of battery storage projects in the ERCOT, Texas market, totalling 2GW.
Multiple tenders seeking gigawatts of ‘firm and dispatchable’ renewable energy have been launched in India in recent months by state-owned or administered enterprises.
