Battery energy storage systems (BESS) were awarded 655.16MW in the UK’s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) after eight rounds at £35.79 (US$45.17)/kW/year.
Energy storage systems (ESS) will become India’s most invested-in clean energy asset class during this decade, but it’s likely to be pumped hydro, not lithium-ion batteries, that see the most deployments.
EDF Renewables has reached financial and commercial close on two virtually-coupled hybrid projects in South Africa, combining wind and solar with a combined 75MW of battery storage.
Three large-scale battery storage projects and one virtual power plant were the winners of a recent competitive tender held on behalf of the government of New South Wales (NSW), Australia.
A 110MW/440MWh battery storage project in New York has been given the green light by regulators, ahead of the launch of tenders which could create a significant market opportunity in the state.
EVLO Energy Storage, a battery energy storage system (BESS) integrator and manufacturer, has been selected to provide 4-hour duration battery storage solutions to three projects in Ontario, Canada.
Multiple tenders seeking gigawatts of ‘firm and dispatchable’ renewable energy have been launched in India in recent months by state-owned or administered enterprises.
The Indian government has published a framework for promoting the use of energy storage aimed at enabling dispatchable renewable energy, more reliable grids, and economic development.
