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.
Finnish marine and energy technology group Wärtsilä will deliver what it claims is Australia’s largest DC-coupled hybrid battery energy storage system (BESS) for the National Electricity Market (NEM).
Battery energy storage revenues in Australia’s National Electricity Market (NEM) fell 61% in September 2025 to AU$85,000/MW (US$56,712/MW) as price volatility eased across the grid, according to new research from Modo Energy.
A renewable energy subsidiary of oil & gas company Reservoir Link has agreed to jointly develop the first dispatchable solar PV power plant in Malaysia.