Powin is collaborating with BHE Renewables to provide energy storage solutions for one of the largest solar and storage microgrids, located in Ravenswood, West Virginia. This innovative project will supply renewable energy to Titanium Metals Corporation to produce titanium products for the aerospace industry.
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DTEK plans to establish a series of energy storage systems (ESS) across Ukraine with a capacity of 200 MW. The project will receive a €140 million investment. These systems are expected to be operational by September 2025 and will provide ancillary services to Ukrenergo, the national Transmission System Operator.
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The Scottish Government has approved the construction and operation of 228 MW project Smeaton Battery Energy Storage System (BESS) situated near Dalkeith in East Lothian. The project is part of Kona Energy’s ongoing collaboration with the Electricity System Operator (ESO) and National Grid to address energy constraints and enhance network stability.
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India’s EV charging infrastructure is growing rapidly, driven by the growing uptake of EVs. As of February 2024, there were approximately 12,146 public charging stations (PCSs) in the country. The top three states in terms of charging infrastructure are Maharashtra (3,079), Delhi (1,886) and Karnataka (1,041). The public EV charging network in the country is growing with an increase in the deployment of both slow and fast EV chargers.
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Locus Energy and Ingrid have joined forces to enhance Sweden’s energy infrastructure by constructing 13 large-scale battery storage systems across the southern region. This will add 196 MW of flexible capacity to the national grid in SE3 and SE4 price areas. These systems, expected to be operational within 12 months, will significantly alleviate power shortages in 13 communities.
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Grid-scale energy storage is a critical element driving and supporting the evolution of the electricity system. Long-duration (10+ hours) energy storage technologies are needed to support a variety of clean energy and resilience applications. DOE formed SI 2030 to analyse pathways for the most promising technologies to meet future targets. The report analyse the potential of long duration capable energy storage technologies to achieve future goals and benefit from widespread deployment on the Nation’s electricity grid. They establish a systematic approach to engage with experts while quantifying the impact of innovation and will be revisited periodically to track progress.
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Sunly has secured €300 million from Scandinavian and French investors to develop 1.3 GW of solar, wind, storage, and hybrid energy parks. This funding comes from Rivage Investment, a French fund focused on climate solutions; Copenhagen Infrastructure Partners (CIP), through the Green Credit I fund; and Norway’s KLP pension fund.
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EDF Renewables UK is poised to deploy over 300 MW of battery storage to enhance the UK’s grid decarbonisation efforts. The company has six projects under construction, with plans to activate them within the next 12 months. This includes a 57 MW battery in Braintree, Essex, and a 47.5 MW battery in Indian Queens, Saint Austell.
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Sineng Electric has successfully launched a 150 MW/300 MWh standalone energy storage power station in Guangxi, China. The facility has been fully integrated into the grid and operational for over six months. The power plant features Battery Energy Storage System (BESS) containers, central Power Conversion Systems (PCS), and a 220 kV booster station.
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Tucson Electric Power (TEP) is planning to build a second large-scale battery system in southeast Tucson to store solar and other energy sources for use later in the day, meeting customers’ peak energy demands. The 200 MW Roadrunner Reserve II system will have the capacity to store 800 MW hours of energy, which is sufficient to power around 42,000 homes for four hours when operating at full capacity.
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Trinasolar has announced plans to expand its hybrid solar initiatives across Southeast Asia (SEA) after successfully launching Malaysia’s largest hybrid solar project. The hybrid project is located in Merchang, Terengganu, the 100 MWac project combines 35 MW of floating solar panels with 65 MW of ground-mounted panels, designed to offset 202,024 tonnes of carbon emissions annually.
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Ørsted has revealed a strategic collaboration with Mission Clean Energy to develop four independent battery energy storage systems in the Midwest. Mission Clean Energy seeks to utilise Ørsted’s vast operational expertise and resources to make these projects a reality. Ørsted will use its funds to obtain and uphold interconnection queue positions for the four storage projects owned by Mission, as Mission will still be in charge of developing the projects.
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KGAL ESPF 5, a renewable energy fund has established a joint venture (JV) with IMCS to collaborate on developing battery energy storage systems (BESS) in Italy. There is growing political backing for the developing energy storage system market, as BESS can help offset the rising variability in renewable energy electricity generation. The plan is to develop four battery energy storage systems, with a total capacity of 1,100 MW. The JV offers the opportunity to build the BESS projects at an early stage and sell them when they are at ready-to-build status.
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Aypa Power has got $323 million in financing for its Kuna project. The Kuna project is a 150 MW / 600 MWh facility situated in the City of Kuna just north of Boise. It will be Idaho’s largest battery energy storage project and will be online in mid-2025. The financing package includes a $233 million green loan, which consists of a construction and term loan, a tax equity bridging loan, and a letter of credit facility. Additionally, the project received $90 million in tax equity, bringing the total funding to $323 million.
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The Electricity Generating Authority of Thailand (EGAT) has launched a tender for a hydro-floating solar hybrid project to be developed at the Srinagarind Dam in Kanchanaburi province. The project will involve the design, supply, construction, and commissioning of an 182 MW floating solar power plant.
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Fluence Energy and Excelsior Energy Capital have announced plans to deploy 2.2 GWh of battery storage projects across US starting in 2025. These projects will feature batteries, modules, and supporting systems manufactured domestically. Under the agreement, Fluence’s Gridstack Pro product line will be deployed by Excelsior to deliver firm capacity and flexible power to enhance the resilience of the U.S. electricity grid.
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BrightNight has secured approval from the Australian Energy Market Operator (AEMO) to connect its 360 MW Mortlake Energy Hub to the National Electricity Market. The Energy Hub is BrightNight’s first hybrid renewable energy project and the largest in Victoria, Australia, includes a 360 MW solar generation capacity and a 300 MW battery energy storage system (BESS).
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Clearway Energy Group has secured over $700 million in financing and begun construction on two major projects in California: the 200 MW Luna Valley solar project in Fresno County and the 113.5 MW Daggett Storage battery project in San Bernardino County, which finalises up the 482 MW Daggett Solar + 394 MW Storage complex. San Diego Gas & Electric inked 15-year contracts for equal amounts of solar power and energy storage from both the Luna Valley and Daggett Storage 1 projects.
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Tesla and Intersect Power have signed a contract to supply 15.3 GWh of Tesla’s Megapack battery energy storage systems for Intersect Power’s solar + storage project portfolio . By the end of 2027, Intersect Power is expected to deploy 10 GWh of large-scale energy storage. Intersect Power plans to use over half of the new Megapacks order for four projects in California and Texas, which are anticipated to be operational by the end of 2027.
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Intersect Power has secured $837 million through two separate transactions to finance the construction and operation of three standalone Battery Energy Storage Systems (BESS) in Texas. This financing includes portfolio-level construction debt, tax equity, and term debt, provided by leading industry partners. The three BESS projects – Lumina I, Lumina II, and Radian are scheduled to be operational in 2024.
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