The 2023 United Nations Climate Change Conference (COP28), being hosted in Dubai, United Arab Emirates, saw the addition of 11 new countries to the battery energy storage systems (BESS) consortium, including Egypt, Kenya, and India. In addition, Barbados, Belize, Ghana, Nigeria, Malawi, Mauritania, Mozambique, and Togo are joining.
Read More
Statera Energy, a UK based energy storage and flexible generation developer and operator, has secured up to £300 million of debt financing through a syndicate led by Lloyds Bank. The first £144 million phase of the financing will be used to deliver Statera’s 300 MW (600 MWh) Thurrock Battery Energy Storage System (BESS).
Read More
Renewable energy sources have been increasingly adopted for building a sustainable future in India’s energy landscape. This transformation took time to develop; it is the product of coordinated efforts by the government, business and scholars, besides regional and global cooperation. The country has taken significant strides in renewable energy development, especially over the past few years. India currently has 132 GW of installed renewable energy capacity, which is about 31 per cent of the country’s total power capacity as of October 2023.
Read More
Clearstone Energy, a UK-based solar and battery energy storage company has seeked planning permission to construct a 400 MW/800 MWh battery energy storage system (BESS) project in Devon, UK. It is named as the Junction 27 project. The company intends to secure the planning permit for the pipeline over the next 12 months and implement it between 2027 and 2032.
Read More
South Africa has signed project agreements with additional two preferred bidders appointed under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), in Pretoria for two hybrid projects. Gwede Mantashe, Minister of Mineral Resources and Energy has finalised an agreement of 203 MW with bidders. The projects consist of a combination of battery storage technologies, solar PV and onshore wind.
Read More
Wärtsilä and AGL Energy of Finland have completed the Torrens Island grid-scale battery energy storage system (BESS) in South Australia. The BESS plant, the second-largest operational battery in the country, will have the capacity to supply an hour’s worth of power to 75,000 homes in South Australia. In addition to balancing the energy produced by the renewable energy source.
Read More
SUSI Partners, a Swiss-based investment management firm, along with its joint venture partner SMT Energy, has signed a tax equity financing agreement for a 100 MW battery storage portfolio in Texas, US. SUSI secured the funding from Greenprint Capital on behalf of the SUSI Energy Transition Fund. The portfolio comprises ten utility-scale standalone battery energy storage projects.
Read More
Wärtsilä, a Finnish energy provider, has won a contract from Clearway Energy Group to provide a 500MWac/2GWh energy storage portfolio for Clearway’s solar-plus-storage projects. The five solar-plus-storage sites are a combination of energy storage and solar photovoltaic (PV) resources, and they are situated in Hawaii and California. The Daggett II and Daggett III projects, with a combined solar PV capacity of 482MWac and 275MWac/1.1GWh of energy storage, are part of the portfolio.
Read More
Quinbrook Infrastructure Partners has acquired exclusive development rights from Simec Atlantis Energy, a renewable energy provider to construct a battery energy storage system in Wales, UK. The 230 MW/460 MWh BESS project, called Project Uskmouth, will be located on the site of a former coal-fired power station.
Read More
Mitsubishi Power, a Japanese power company, will collaborate with renewable energy developer ION Renewables to construct four battery energy storage system (BESS) projects in Ireland. Ion Renewables has signed an exclusive agreement with Mitsubishi Power Americas for the four projects, which will use Mitsubishi’s Emerald storage solutions and have a combined capacity of 185.5MW or 371MWh.
Read More
The Green Investment Group (GIG) of Macquarie has inked a joint development agreement with Bluestone Energy, a UK-based renewable energy developer, to construct up to 2 GW of battery storage projects in the UK. Of the capacity to be developed, 970MW is currently in the initial development phase and has already received grid connection offers.
Read More
The New York State Energy Research and Development Authority (NYSERDA) has awarded EDF Renewables North America a 1 GW solar and battery storage contract as part of its 2021 solicitation for large-scale renewable energy certificates. The Columbia Solar Energy Centre and Ridge View Solar Energy Centre, each with 350 MWac of capacity and 20 MW of co-located battery storage, are among the solar projects included in the contract.
Read More
Agilitas Energy, a US-based energy asset developer, has raised $350 million in equity capital to construct a national renewable energy and storage platform. CarVal Investors, a global alternative investment company, managed the two-tiered investment. The funds will be used by Agilitas Energy to accelerate the development, construction, and operation of distributed and utility-scale solar photovoltaic (PV) and energy storage projects in the US.
Read More
Kona Energy, a clean energy firm based in the UK, has received planning permission for a 200 MW battery storage project in Heysham, Lancashire. The project site is near the Walney offshore wind farm, which is one of six offshore wind farms. Once completed, Kona Energy claims that the project will be one of Europe’s largest battery storage facilities.
Read More
Trina Storage, a German energy storage company, has teamed up with inverter manufacturer Power Electronics to deploy more than 1 GWh of battery energy storage system (BESS) projects by the end of 2023. During the Intersolar Europe 2022 event, the two companies signed a letter of intent for a partnership.
Read More
Innergex Renewable Energy, a Canadian power company, has selected Mitsubishi Power’s Emerald Storage Solution for battery energy storage (BESS) projects in Chile’s Atacama Desert. The contracts are for Innergex’s 68 MW Salvador and 50.6 MW San Andres solar plants, which are slated to begin construction next year. The five-hour energy duration projects will cost $128.5 million in total and have a combined capacity of 85 MW/425 MWh.
Read More
India and Italy will develop partnerships in key renewable energy sectors such as green hydrogen, biofuels, and energy storage. The decision was taken in a meeting between the Minister of External Affairs, India and his Italian counterpart. Reportedly, the discussion also covered the implementation of the India-Italy Strategic Partnership on Energy Transition, which was announced in 2021.
Read More
Appalachian Power has issued a request for bids to develop 300 MW of solar or wind generating capacity. The projects to be developed must be least 50 MW in size and commercially operational by mid-December 2023. However, proposals with an operational date up to December 15, 2024 will be considered. The proposals may include projects with an option for a battery storage system.
Read More
Energy storage capacity is set to ramp up at a rapid pace in the United States over the medium term. According to the US Energy Information Administration’s (EIA) latest Monthly Generators Statistics from November 2020, the country had just under 1,350MW of utility-scale battery storage capacity in operation, with LS Power’s 250MW Gateway Energy Storage System in California the largest project in operation.
Read More
United States-based power generation developer, investor and operator NTE Energy has announced its plans to develop more than 5 GW of clean energy projects in the next five years. It is planning to develop a clean energy pipeline of 1.2 GW solar and 3.9 GW battery energy storage systems. The company expects 3 to 4 GW of these projects to come online by 2026.
Read More