Energy Vault and ACEN Australia have finalised key contractual arrangements for two battery energy storage system (BESS) projects totaling 400 MWh in Australia. Construction for both projects is slated to commence in the latter half of 2024, with commercial operations expected to commence in 2025 and 2026.
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Boralex has revealed the selection of the Oxford Battery Energy Storage project. The project is a 125 MW, four-hour duration battery storage project situated in the Township of South-West Oxford, Ontario. This project was chosen by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals (LT1 RFP).
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Sungrow has signed supply and service agreements for a new BESS project with Nofar Energy. The project will be developed in Stendal, Saxony-Anhalt, Germany and will feature the PowerTitan2.0, which is a liquid-cooled energy storage system. The project will have a capacity of 116,5MW/230MWh. The system will integrate a 2.5 MW power conversion system and 5 MWh battery into a single 20-ft container.
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Canadian Solar has secured three battery energy storage system (BESS) projects totaling 193 MW in Japan’s inaugural Long-Term Decarbonization Power Source Auction. The winners of this auction were announced on April 26, 2024, with the Company securing a 13.3 per cent of the total awarded energy storage projects.
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SSE Renewables has purchased a fully approved 100 MW / 200 MWh battery storage project near Dungannon, County Tyrone, Northern Ireland, from Heron Energy, a division of Heron Group. Pending a final investment decision by SSE Renewables, the project, ready for construction, will be built on an undeveloped area situated outside Coalisland, roughly five miles away from Dungannon.
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Energy Vault Holdings, Inc. and NV Energy have announced the successful completion and commencement of commercial operations for the Reid Gardner Battery Energy Storage System (BESS) located in Moapa, Nevada. It is constructed on the grounds of a retired coal-fired power plant. This grid-connected BESS boasts a capacity of 220 MW/440 MWh, capable of storing renewable energy such as solar and wind power for up to two hours.
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Emeren Group Ltd has revealed the successful collaboration with Nuveen Infrastructure, formerly known as Glennmont Partners, in co-developing 199 MW (up to 1.59 GWh) of Battery Storage Projects across two areas in Southern Italy. This partnership is a joint effort between Emeren and Nuveen, resulting in a combined power capacity of 354 MWp
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Nuveen Infrastructure (formerly Glennmont Partners), a clean energy fund manager, and Exus Renewables, an independent renewables asset management and development firm, have agreed to collaborate on the development of approximately 800 MW of battery storage projects in southern Italy
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Tasmania could significantly reduce its energy costs by optimising its energy assets: importing more cheap electricity, exporting more high-priced electricity, and slashing electricity costs of residential and commercial buildings. Batteries could help Tasmania cost-effectively increase both imports and exports of energy, while a broader review of market incentives and rules may be required to optimise the opportunity represented by water hoarding.
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The European Commission (EC) has authorised €1 billion ($1.08 billion) in Greek state aid to help fund the development of two solar-plus-storage projects. The total capacity of these projects, which will improve the reliability of the Greek electrical grid, is 813 MW. By mid-2025, construction will be finished.
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TotalEnergies has announced the building of a new battery storage facility in Belgium. The project operations are slated to begin by the end of 2025. The project will be situated at the TotalEnergies depot in Feluy, Belgium, and will have a 75 MWh capacity with a 25 MW power rating. The project announcement comes just a year after we the Antwerp storage project began, which is estimated to be operational by the end of the year.
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Idaho Power has chosen Prevalon Energy, a Mitsubishi Power Americas subsidiary, for a four-hour battery energy storage system (BESS) project with a maximum capacity of 328 MWh in Idaho. The project is planned in accordance with Idaho Power’s plan to include over 5 GW of electricity generated from solar and wind farms over the course of the next 20 years.
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India’s NTPC Limited held an auction to develop 3,000 MW firm and dispatchable renewable power (FDRE) from inter-state transmission system (ISTS) connected projects. The tender for the project was issued in October 2023. Prior to this, the Solar Energy Corporation of India held a similar auction for 1,500 MW of FDRE in which Rs 5.59 per kWh was the lowest discovered tariff. Last month, NHPC Limited conducted another auction for 1,500 of FDRE in which Rs 4.55 per kWh was the lowest discovered tariff.
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Renewable Power Capital (RPC), a pan-European renewables developer located in the UK, and Altea Green Power have partnered to build 1 GW of battery energy storage in Italy. With this partnership, RPC’s European storage pipeline—which currently has more than 5.5 GW—additionally gains a new jurisdiction.
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Emeren Group Ltd has signed a collaborative development contract with Nuveen’s Glennmont Partners for 155 MW (up to 1.24 GWh of capacity) of battery storage projects in two Southern Italian regions.
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Longroad Energy has successfully closed the financial deal for its Serrano project, a solar and storage project comprising 220 MWdc solar and 214 MWac / 855 MWh in Pinal and Pima Counties, Arizona. Making use of domestically produced Series 7 panels from First Solar, construction has already started, with commercial operations set to begin by mid-2025.
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SSE Renewables has announced the principal contractor and system supplier for its battery-based energy storage project at Fiddler’s Ferry, Warrington. Fluence has been selected as the supplier of the battery-based energy storage system to SSE. The project will utilise the Gridstack platform, proven for its industry leading safety and reliability.
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ACEN Australia (of the Ayala Group) and Marubeni Asian Power Singapore signed a cooperation agreement for the joint development of a 200 MW/400 MWh (2-hour) battery energy storage system (BESS) in New South Wales, Australia. The signing ceremony for the agreement took place at the Philippine Business Forum held in Melbourne, Australia
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NorthRenew Energy, a US utility-scale renewable energy producer, has sold its 300-MW-plus Arco Wind and Solar project in southeastern Idaho to utility PacifiCorp, a Berkshire Hathaway Energy subsidiary. NorthRenew recently announced the deal, highlighting that it is the company’s ninth project sale since its founding in 2017.
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Greece’s Regulatory Authority for Energy has announced 48 provisional winners in the country’s second energy storage auction, totalling 1.5 GW/3.1 GWh. This development is a component of Greece’s ongoing efforts to improve its infrastructure for energy storage. In this round, the average winning bid is €46,680 per MW annually.
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