“Standalone solar is not dead, but it is challenging,” said Pierre Bartholin, head of power hedging at investor Nuveen Infrastructure, opening the debate at Solar Media’s Solar Finance Investment Europe (SFIE) conference in London on the future of co-located battery storage. 

Tonic Group has received federal environmental approval for a 440MWh solar-plus-storage facility in Western Australia in less than a month.

Battery energy storage projects have emerged as the dominant force in Australia’s energy investment landscape, accounting for 46% of the nation’s 64GW development pipeline, according to the Australian Energy Market Operator’s (AEMO) latest quarterly report.

Amazon has been approved as the buyer of the 1.2GW Sunstone solar project in Oregon, one of the largest solar PV projects in the US.

DNV has forecast that the MENA region will add 860GW of new solar PV by 2040, and energy storage capacity will grow 10x by 2030.

Horizon Power has submitted an application under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act for a 239MWh battery energy storage system (BESS) in Broome, Western Australia.

Technology provider Dalian Rongke Power (Rongke Power) and infrastructure developer China Three Gorges Corporation (CTG) have brought online the world’s first gigawatt-hour-scale flow battery energy storage project.

IPP Zelestra and utility EDP’s recent PPA deal for a solar-plus-storage project in Spain was the first of its kind in Europe and ‘moves the market forward’, a Zelestra executive told Energy-Storage.news.

The World Bank’s International Finance Corporation has agreed a financing package for a 1GW solar PV power plant paired with 600MWh of energy storage in Egypt.  

Renewable energy companies Akuo Energy and Voltalia have begun constructing projects in French overseas territories.