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.
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AES Clean Energy has announced the closing of the $154.2 million in non-recourse debt financing for Luna Storage, a 400 MWh standalone battery storage project in California. The project is located in the city of Lancaster in Los Angeles County in California. The fund was raised by KeyBanc Capital Markets Inc., Credit Agricole Corporate and Investment Bank, Silicon Valley Bank, and Export Development Canada. The transaction was closed by sPower, an independent power producer, which merged in January 2021 to become a part of AES Clean Energy’s business in the United States.
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Doosan GridTech will provide engineering, procurement, and construction (EPC) support to Vena Energy-Australia to build an energy storage system in Queensland. This battery energy storage system (BESS) will support the state’s shift to renewable energy as well as contribute to improving grid stability. The BESS will be located near Wandoan with an installed capacity of 100 MW and will supply 150 MWh.
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Precinct Capital and Edify have proposed a 28 MW battery storage project in New South Wales. The project is set to occupy 1.5 acres in the Mayfield Steel River Industrial Estate in the City of Newcastle. The battery will charge and discharge directly from the grid and is expected to improve stability as renewable energy use is increased. Further, the storage system will occupy 2500 square metres and will include supporting infrastructures such as climate-controlled energy storage enclosures and grid connection.
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Driven by technological advances, facilities are being built with storage systems that can hold enough renewable energy to power hundreds of thousands of homes. The advent of “big battery” technology addresses a key challenge for green energy — the intermittency of wind and solar.
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ENGIE North America and Hannon Armstrong have announced a new partnership to jointly invest in a distributed generation portfolio of solar and solar-storage assets located across the US.
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The Royal Automobile Club of Victoria has announced a $1 million investment in solar and battery installations for bushfire-prone areas of Victoria over the next two years.
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One of United States’ largest electric utilities, Southern California Edison (SCE), has recently signed long-term agreements for four battery energy storage projects with a cumulative capacity of 590 MW. SCE, which serves Central, Coastal and Southern California, had also procured 770 MW of energy storage capacity in May 2020.
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San Miguel Corporation (SMC) has targeted the construction of a 200 MW solar farm in Bulacan which will power its New Manila International Airport project. The proposed solar farm will be set up on the company’s 2,500-hectare lot in the municipality.
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France-based renewable energy player Voltalia has commissioned the Mana battery storage project at the Toco storage complex located in French Guiana. With a capacity of 10 MW/ 13.6 MWh, the Mana project adds on to the existing capacity at the Toco complex, bringing the total installed storage capacity to 12.6 MW/16.5 MWh.
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The Australian Renewable Energy Agency (ARENA) has announced that it will jointly fund the development of a 50 MW/75 MWh grid-connected lithium ion battery project at its Wallgrove substation in western Sydney. ARENA will provide up to $11.5 million in funding to TransGrid to build this project.
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Canadian Solar has entered into an agreement with Goldman Sachs Renewable Power to deliver and integrate an energy storage solution into the 100 MWac Mustang solar plant in California. According to the supply contract and long-term service agreement, the energy storage system will be a 75 MW/300 MWh lithium-ion battery solution with a 4-hour backup facility.
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Independent renewable power producer, Innergex Renewable Energy, has signed two 25-year power purchase agreements (PPAs) with the Hawaiian Electric Company to supply power at a fixed price from two solar and energy storage projects. The projects, Barbers Point and Kahana, will be located on the Hawaiian Islands of Oahu and Maui, respectively.
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Swedish energy storage company Azelio and India based Atria Power have signed a MoU to install over 65 MW of energy storage capacity in India. According to the agreement the entire energy storage capacity will be set up until 2025.
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Azelio, a public Swedish company specialising in thermal energy storage with dispatchable power, has signed an agreement with ALEC Energy to build a renewable energy storage site. Azelio will install a verification project in Abu Dhabi so as to evaluate its energy storage technology for inclusion in Masdar’s renewable energy product portfolio.
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AGL has announced that it has lodged a scoping report with the New South Wales Department of Planning, Industry and Environment (DPIE) for a grid-scale battery system at its Liddell Power Station site. The Liddell Battery project is part of the company’s target to develop 850 MW multi-site integrated battery systems by FY24.
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There are predominantly three business models in California: one for each Front-of-the-Meter, Behind-the-Meter, and Aggregated Behind-the-meter.
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UK Energy Department for Business, Energy & Industrial Strategy has decided to remove electricity storage, except pumped hydro, from the Nationally Significant Infrastructure Projects regime in England and Wales.
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Greenbacker Renewable Energy Company (Greenbacker) has purchased a 7.9 MW/ 16.5 MWh portfolio of...
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The US Department of the Interior (DOI) and the Bureau of Land Management (BLM) have granted the final approval for what they say will be the largest solar-power project in the U.S., a $1 billion installation in Nevada that could power about 260,000 households—enough to cover the residential population of Las Vegas. The land proposed for the 690 MW Gemini solar project is on the Moapa River Indian Reservation, 33 miles northeast of Las Vegas.
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