Wärtsilä Energy has launched its newest battery energy storage system (BESS) solution for utility-scale applications, claiming that it comes with enhanced safety features and improved energy density.
The EU has today (23 November) launched a grant funding opportunity worth €4 billion (US$4.4 billion) for upstream and downstream clean energy projects, including energy storage.
UK battery storage and flexible generation developer-operator Statera Energy has secured a £300 million (US$375 million) financing package for its Thurrock project, its first news since being bought by investor EQT.
Energy storage developer Pacific Green has entered the market in Italy, acquiring a 500MW portfolio of BESS projects from developer Sphera Energy Srl which could have a duration of up to six hours.
We caught up with Birger Steen, CEO of lithium-ion gigafactory company Freyr Battery, about its recent decision to minimise European investments in light of the Inflation Reduction Act, discussing a potential policy response and its approach to ESS and using conventional technologies.
Investor EQT Infrastructure has acquired UK clean energy and battery storage developer-operator Statera, the latest in a flurry of deals in the UK market.
Developer Kyon Energy has claimed the largest approved BESS in Europe for a 275MWh project in Germany, just as regulators extend grid fee exemptions for energy storage by three years to 2029.
Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours.
