Category: Hybrids and Energy Storage

Covenergo and Delta Capacity partner on 300 MWh BESS in Finland

Covenergo and Delta Capacity have collaborated to deliver the standalone AKKU One battery energy storage system (BESS) project in Lapinlahti, Finland. The project has an installed capacity of 125 MW/300 MWh. The project is expected to be commissioned by the fourth quarter of 2027, with project construction under way. The project was acquired as a ready-to-build asset from Helios Nordic Energy with Covenergo holding the majority stake in the project. 

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Arevon advances construction on 1,000 MWh Cormorant BESS in California

Arevon Energy has made construction progress on the Cormorant battery energy storage system (BESS) project in Daly City, California. The project has an installed capacity of 250 MW/1,000 MWh and is expected to commence operations in 2027. The project will use lithium iron phosphate battery technology and can supply power to 321,000 homes for up to a four hour duration.

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Vattenfall takes FID on 1,000 MWh BESS project in Germany

Vattenfall has taken the final investment decision (FID) to build a standalone battery energy storage system (BESS) project at the former Brunsbüttel nuclear power plant site in Germany. The project will have an installed capacity of 254 MW/1,000 MWh and will be connected to the 50Hertz 380 kV transmission grid. The project, expected to be operational by the end of 2028, will nearly double Vattenfall’s BESS capacity.

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Invenergy and HASI close equity deal for 2.7 GW renewable portfolio in US

Invenergy and HA Sustainable Infrastructure Capital, Inc. (HASI) have closed a strategic equity partnership to support a 2.7 GW renewable portfolio of solar, solar-plus-storage and wind projects across the US. The portfolio comprises 10 projects spread across seven states: Arizona, New Mexico, Texas, Arkansas, Indiana, Ohio and New York, and six major US power markets.

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Qualitas Energy to acquire Cero Generation’s 5.8 GW European clean energy platform

Qualitas Energy has signed an agreement to acquire Cero Generation’s European platform from Macquarie Group. Cero Generation, established by Macquarie in 2021, is an independent power producer focused on solar photovoltaic and battery energy storage system (BESS) projects. Cero Generation will continue operating under its existing brand as an independent Qualitas Energy portfolio company.

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BW ESS acquires 675 MWh BESS projects in Spain

BW ESS has acquired two standalone battery energy storage system (BESS) projects from Navacant in Spain. The projects, located in the Valencia region, have storage capacities of 99 MW and 27 MW, respectively. Together, the projects have a combined capacity of 126 MW/up to 675 MWh. Furthermore, the projects are expected to reach ready-to-build status in 2027 with commercial operations targeted for 2028.

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Niger signs PPP agreement to develop 200 MW solar with BESS project

The Government of Niger has entered into a public-private partnership (PPP) with Niger Electricity Power Production (NEPP) to develop a 200 MW solar photovoltaic plant with battery energy storage system (BESS) in Niamey. The project represents an investment of 126.1 billion CFA francs. Project construction and financial mobilisation are expected to take approximately 24 months.

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Sodium-Ion Storage Has Left the Lab, and Entered the Field

Sodium-ion batteries, as a solution for grid-scale storage demands, have spent the better part of a decade described, roughly, as “promising.” It’s a word that’s covered for a lot of unfinished progress and has become somewhat of a warning sign to anyone in this industry trying to separate emerging technologies from commercially ready ones. The technology has moved beyond the stage where the primary questions are whether the chemistry works or whether it can be manufactured at scale. What’s changing quickly right now, though, is sodium-ion is being evaluated against the same practical criteria as other commercial storage technologies: performance, safety, manufacturability, supply-chain resilience, lifecycle economics, and the ability to deploy at meaningful scale.

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Blueleaf Energy achieves financial close for 400 MWh BESS in Malaysia

Blueleaf Energy and Universal Peak Sdn Bhd have achieved financial close with UOB for a utility-scale battery energy storage (BESS) project in Malaysia. The project will have an installed capacity of 100 MW/400 MWh. Project construction will commence under a build, own, and operate model. Universal Peak will support the project as a turnkey provider of electrical infrastructure solutions. The project is expected to be commissioned in mid-2027.

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CVC DIF acquires Gabriela hybrid project in Chile

CVC DIF has completed the acquisition of the Gabriela hybrid project in Northern Chile. The project was acquired  from Grenergy. The project comprises 272 MW of installed solar photovoltaic capacity and 1,100 MWh of battery energy storage (BESS) capacity. The project is also supported by a 15-year dollar denominated, inflation-indexed hybrid power purchase agreement.

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Monarch completes solar-plus-storage projects in Texas

Monarch Private Capital announced completion of two hybrid solar and battery energy storage (BESS) projects in Texas, developed by Sunraycer Renewables, for which it provided tax equity financing. The projects include the Midpoint solar project located in Hill County and the Gaia solar project located in Navarro County. Furthermore, the Midpoint project comprises 127.05 MWdc of solar capacity and a 50 MW/100 MWh BESS while the Gaia project comprises 183.84 MWdc of solar capacity and a 75 MW/150 MWh BESS.

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CrossBoundary begins operations of solar with storage project in South Africa 

CrossBoundary Energy commenced operations of its solar and battery energy storage system (BESS) project for Kamoa Copper South Africa. The project comprises a 233 MWp solar photovoltaic array and a 123 MVA/526 MWh BESS. The project will supply 30 MW of baseload power to the Kamoa Copper mining complex in the Democratic Republic of Congo (DRC).

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ENGIE commissions 251 MW BESS projects in Chile

ENGIE has commenced commercial operations for two battery energy storage system (BESS) projects in Chile. The projects include the Libélula and Los Loros BESS, adding a combined 251 MW of storage capacity to the National Electric System. With the addition of these projects, ENGIE’s operational BESS portfolio in Chile has reached 663 MW. Furthermore, the Libélula project, located in the Metropolitan Region, includes a 203 MW/1,034 MWh five-hour duration BESS along with a 140 MW solar plant comprising 245,560 solar panels.

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CIP acquires Gawara Baya hybrid project in Australia

Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V fund, has acquired the Gawara Baya hybrid project located in North Queensland, Australia. The project was acquired from Windlab. The project combines a 408 MW onshore wind farm comprising 68 wind turbines with a 104 MW grid-forming battery energy storage system (BESS). Commercial operations for the project are expected in 2030.

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Return and Vattenfall sign agreement for 800 MWh BESS in Netherlands

Return and Vattenfall have signed a long-term agreement for the 200 MW/800 MWh Sirius battery energy storage system (BESS) project located in Winschoten, Groningen, Netherlands. The project is being delivered by Huawei, Hanab and Omexom, covering battery technology, construction and installation. Under the agreement, Vattenfall will secure access to the project’s charging, storage and power delivery capacity in exchange for a fixed fee.

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Sungrow begins construction of 10 GWh Egyptian BESS manufacturing facility 

Sungrow has started construction of a battery energy storage system (BESS) manufacturing facility in Egypt with an annual production capacity of 10 GWh. The facility is valued at $50 million and is being developed in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone in Ain Sokhna. The facility is expected to commence production in April 2027.

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Greenvolt Group secures financing for 1.6 GWh BESS projects in Poland

Greenvolt Group has secured a financing package from UniCredit comprising €153 million in bridge facilities and a €65 million guarantee facility to support the development of the Ełk and Turośń battery energy storage system (BESS) projects in Poland. The projects, developed by Greenvolt Power, have a combined capacity of 400 MW/1.6 GWh, with each project comprising 200 MW/800 MWh of storage capacity.

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Quinbrook selects GE Vernova to supply technology for third stage of Supernode BESS 

Quinbrook has selected GE Vernova to supply technology for the third stage of the Supernode battery storage energy system (BESS) project in Queensland, Australia. GE Vernova will provide the power conversion, control and integration technologies for the third stage of the project. The project’s third stage will add 260 MW/1,216 MWh of four-hour BESS capacity.

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Avantus secures $300 million for Aratina 2 project in California 

Avantus has closed a $300 million tax equity commitment from Truist Bank for the Aratina 2 project located in Kern County, California. The financing supplements more than $525 million in construction financing secured from BBVA, CIBC and Santander in July 2026. The project will provide 150 MW of solar generation and 452 MWh of battery storage to the California grid. 

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