Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country.
Energy storage owner-operator BW ESS and Zelos Energy Developments have announced a 1.5GW pipeline of BESS projects in Germany, aiming for ready-to-build (RTB) status over the next two years.
The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.
A tender for the provision of BESS technology for a ‘decentralised grid booster’ deployment has been launched by Aprion, one of the four major transmission system operators (TSO) in Germany.
The government of South Africa has signed commercial close agreements for two large-scale BESS projects totalling 720MWh, allowing project backers Scatec and a consortium of CIP and EDF to proceed with construction.
Flexibility will be a critical piece of the grid of the future and energy storage will play a central role in that, keynote speakers said at Solar Media’s Energy Storage Summit Central and Eastern Europe (CEE) 2024 today.
BESS developer-operator Giga Storage has agreed a time-limited grid usage contract with Netherlands’ TSO TenneT, the first of its kind, the firm claimed.
Lion Storage has received a construction permit for a 347MW/1,457MW BESS project while Giga Storage hopes to start construction on a similarly sized one this year, representing a major step forward for the grid-scale energy storage market in the Netherlands.
The regulator in Germany has given the green light to transmission system operator (TSO) Amprion’s five ‘decentralised grid booster’ BESS projects, totalling 250MW.
