Category: Hybrids and Energy Storage

Globeleq achieves commercial close for Red Sands battery energy storage project in South Africa

Globeleq, along with its project partner African Rainbow Energy, has reached a commercial close of the Red Sands battery energy storage project. It is a 153 MW/612 MWh project situated in South Africa. The commercial close for the project has been achieved by inking the project agreements with the Department of Electricity and Energy and the National Transmission Company South Africa (NTCSA).

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US Energy Storage Market Update

Despite a q-o-q decrease in storage installations, Q1 2025 new additions are the highest for any Q1 on record. Utility-scale segment additions surpass last year’s Q1 installed capacity. Q1 2025 capacity additions of 1,558 MW in the utility-scale segment represent a 57% increase over the same period last year. California led with 457 MW of installed capacity, followed by Indiana with 256 MW. Arizona and Texas added 255 MW each, and Nevada 200 MW.

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Arevon Energy commences operations of 200 MW energy storage project in San Diego

Arevon Energy has commenced commercial operations at its Peregrine energy storage project. It is a 200 MW/400 MWh battery storage project in San Diego, California. The $300 million project was developed and is fully owned and operated by Arevon. The project features modern lithium-iron phosphate batteries. Furthermore, it employed over 90 full-time equivalent personnel at the height of construction.

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BW ESS and Ibersun join forces for 2.2 GW BESS project in Spain

BW ESS and Ibersun have formed a joint venture to develop utility-scale battery energy storage system (BESS) projects across Spain. The joint venture of the companies is targeting greenfield, four-hour duration assets. It will progress with an initial 2.2 GW pipeline of eight projects. The two companies will have equal ownership in the projects. Ready-to-Build status for the projects is expected to be achieved within two years.

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Envision Energy secures 120 MW energy storage contract in France

Envision Energy has executed an engineering, procurement, and construction (EPC) agreement. Under the agreement, the company will supply a 120 MW/240 MWh lithium iron phosphate battery energy storage project for Kallista Energy in Saleux, France. Construction of the project will commence in June 2025. Envision Energy will supply a minimum of a 14 year long-term maintenance agreement.

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New Jersey launches 2 GW Energy Storage Program

The New Jersey Board of Public Utilities (NJBPU) has approved phase 1 of the Garden State Energy Storage Program (GSESP). It is a multi-phase program designed to deploy 2,000 MW of energy storage by 2030. The program aims to expand the amount of grid-scale energy storage capacity in New Jersey. Phase 1 of the program will procure at least 1,000 MW of larger projects directly connected to the main power grid through competitive bidding.

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SMUD and DESRI ink PPA for 640 MWh BESS project in Sacramento County

Sacramento Municipal Utility District (SMUD) and DESRI have inked a long-term power purchase agreement (PPA) for the Dry Creek energy storage project. The project is a 160 MW/640 MWh battery energy storage system (BESS) situated in Sacramento County. SMUD and DESRI have jointly worked on the project. The system will be charged using renewable energy and other clean sources available on SMUD’s grid.

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DESRI commences construction of the Catclaw solar and storage facility in Arizona

DESRI has achieved financial notice to proceed, and it has commenced construction of the Catclaw solar and storage project situated in Buckeye, Arizona. The Catclaw project is a 205 MWac solar facility with a 1,000 MWh storage system. DESRI purchased the project from Avantus in 2024. BNP Paribas and Norddeutsche Landesbank Girozentrale served as coordinating lead arrangers.

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Saft to supply BESS for Gurīn’s energy storage project in Japan

Saft will supply a battery energy storage system (BESS) for Gurīn Energy’s (Gurīn) energy storage project. The energy storage project is being developed in Fukushima, Japan. Saft will deliver a fully integrated lithium-ion battery system with a total of over 1 GWh of storage, together with power conversion and power management systems from its partners. The BESS will be installed, commissioned, and serviced by Saft.

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Soltage secures $260 million to deploy clean energy projects in US

Soltage has secured the closing of a $260 million construction and term debt financing facility. The financing will aid the near-term deployment of solar and storage projects from Soltage’s development pipeline of over 2 GW across US. The financing structure comprises a revolving construction loan, tax equity bridge loan, and a term loan facility. The facility was structured and led by the National Bank of Canada, alongside First Citizens Bank.

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rPlus Energies secures financing for Utah solar plus storage project

rPlus Energies has secured the close of tax equity financing commitment with RBC Community Investments and a syndicate of investors. The tax equity financing commitment exceeds $500 million and will support the Green River Energy Center, situated in Emery County, Utah. It is a solar-plus-storage project. The Green River Energy Center includes 400 MWac of solar PV and 400 MWac/1,600 MWh of battery storage.

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Enfinity Global sells stake in 380 MW BESS projects in US and Italy

Enfinity Global has sold 49 per cent stake in two battery energy storage system (BESS) projects to Daiwa Energy & Infrastructure Ltd. (DEI). The projects have a total capacity of 380 MW. Enfinity Global will retain a 51 per cent controlling stake and will complete the development, construction, and serve as the long-term asset manager for the two projects. The first project is a 250 MW BESS with a two-hour duration and 500 MWh capacity.

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TotalEnergies acquires pipeline of solar and battery projects in UK

TotalEnergies has acquired a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW from Low Carbon. The solar projects are in the advanced stage of development and are expected to be operational by 2028. Furthermore, the solar projects will produce over 350 GWh/year of renewable electricity. The renewable electricity produced is equivalent to the electricity consumption of around 1,00,000 UK households.

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Scatec ASA secures 123 MW battery energy storage project in South Africa

Scatec ASA has secured preferred bidder status for the Haru BESS battery energy storage project. The project has a capacity of 123 MW/492 MWh and is situated in South Africa. The preferred bidder status has been secured in the third bid window of the Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP) by South Africa’s Department of Mineral Resources and Energy.

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State of US Clean Energy Manufacturing: Report

The report “The State Of Clean Energy Manufacturing” by American Clean Power summarises that American clean power is leading a manufacturing renaissance across the country. Solar cells and modules made in Ohio, manufactured steel in New Mexico, advanced batteries in West Virginia, offshore service vessels built in Louisiana, and wind turbine blades in Iowa are just a few examples of the output from the 200 manufacturing facilities actively building primary clean power components to supply booming U.S. demand for new energy.

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RGE and TotalEnergies ink agreement to develop solar and battery energy storage project in Indonesia

RGE and TotalEnergies have entered into a co-investment agreement to develop, build, and operate a solar photovoltaic power plant with a battery energy storage system in Riau Province, Indonesia. The two companies have entered into this agreement through their equally owned joint venture, Singa Renewables. The utility-scale project will be constructed in phases. Upon completion, the project will provide clean solar energy export to Singapore.

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OCI Energy, CPS Energy, and LG Energy Solution Vertech join forces for BESS project in Texas

OCI Energy, CPS Energy, and LG Energy Solution Vertech, which is the US energy storage division of LG Energy Solutions, have inked a memorandum of understanding (MoU) for the Alamo City battery energy storage system (BESS) project. The project has a capacity of 120 MW/480 MWh and is currently under development in Bexar County, Texas. OCI Energy is the project developer. The project is expected to reach commercial operation in 2027.

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Sungrow and Globeleq ink term sheet for BESS project in South Africa

Sungrow and Globeleq have inked a BESS supply and a 15-year long-term service term sheet for the Red Sands battery energy storage system (BESS) project. The project is situated in South Africa and has a capacity of 153 MW/612 MWh. The project is a part of South Africa’s inaugural Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP). It is expected to reach financial close in 2025 and will begin operations in 2027.

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METLEN gets new solar and storage EPC contracts in UK

Metlen Energy & Metals (METLEN) has inked new engineering, procurement, and construction (EPC) contracts for renewable energy projects in UK with a combined capacity of 313.4 MW. The contracts are for five solar parks and one battery energy storage system (BESS). Construction on the projects is set to commence at various stages throughout 2025, and all units are expected to be completed by the end of 2026.

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BW ESS secures financing for 331 MWh BESS project in UK

BW ESS has secured debt financing for the 100 MW/331 MWh Bramley battery energy storage system (BESS) asset in Bramley, Hampshire. Under this agreement, the Australian bank Westpac and UOB will contribute 50 per cent each for the debt facility. The transaction follows a competitive financing process. The BESS project benefits from a market-first seven-year tolling agreement with Shell Energy Europe. It was inaugurated in February 2025.

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