Atlas Renewable Energy has inaugurated a 200MW/800MWh BESS project in Chile, which it claimed is the ‘first large-scale standalone BESS’ in the country and the wider Latin American region.
The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.
Renewable energy company Maoneng has made public its plans for a 240MWp / 480MWh battery energy storage system (BESS) which it has proposed to build in Victoria, Australia.
The UK is undoubtedly one of the hottest global markets for battery storage today and a considerable pipeline of projects exists. Analyst Mollie McCorkindale from Solar Media Market Research explains some of the methodologies to filter out the top 10 projects in development.
Vertically-integrated solar PV company Canadian Solar won nearly 1GWh of battery storage contracts in 2020 and CEO Shawn Qu has said it expects to “capture around 10% of the battery storage market in the US alone” during this year.
Ireland’s first grid-scale battery system was commissioned at the beginning of 2020 but was followed just a few months later by another one 10 times larger. The opportunities for further development in the country appear huge, with a grid operator willing to recognise the role energy storage can play in balancing the network.
Financial backing to support early development phases in battery storage and renewable energy projects has been found by Momentum Energy Storage Partners, a project development company launched by DNV GL’s former energy storage lead for the North Americas region.
