Energy Storage News•13 days ago
Australia: Energy storage comprises 26.1GW of AEMO’s record 56.6GW NEM project pipeline
- •Australia's National Electricity Market (NEM) has a record 56.6 GW development pipeline for new generation and storage capacity.
- •Energy storage projects constitute a significant 26.1 GW (46%) of this pipeline, indicating a strong market focus on grid flexibility and renewable integration.
- •This massive pipeline signals substantial future supply growth and investment opportunities for developers in the Australian market, particularly in battery energy storage systems.
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Energy Storage News•13 days ago
Wärtsilä to deliver ‘Australia’s largest DC-coupled hybrid battery system’ for the NEM
- •Wärtsilä is delivering Australia's largest DC-coupled hybrid battery energy storage system (BESS) for the National Electricity Market (NEM).
- •This project signals a maturing market for advanced, large-scale energy storage, creating new development opportunities for integrated renewable solutions.
- •For large power consumers, such grid-scale BESS deployments enhance grid stability, improve reliability, and can help mitigate price volatility.
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POWER Magazine•13 days ago
Google Has Deal with NextEra to Restart Duane Arnold Nuclear Plant
- •Google has signed a 25-year Power Purchase Agreement (PPA) with NextEra Energy to secure power from the Duane Arnold nuclear plant.
- •This long-term PPA underpins NextEra's plan to restart the Duane Arnold nuclear plant, which was previously retired.
- •The deal signifies a major technology company's commitment to securing firm, carbon-free power directly from a nuclear asset.
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POWER Magazine•13 days ago
Curtiss-Wright Awarded $2.9M Contract to Modernize Recirculating Feed Water Control Systems for Commercial Nuclear Power Plant in Japan
- •Curtiss-Wright was awarded a $2.9M contract to modernize Recirculating Feed Water Control (RFC) systems at a commercial nuclear power plant in Japan.
- •The project focuses on replacing legacy actuator and hydraulic power unit assemblies, indicating an investment in plant reliability and operational longevity.
- •This contract highlights ongoing efforts to maintain and upgrade existing nuclear infrastructure, ensuring continued baseload generation capacity.
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POWER Magazine•13 days ago
GE Vernova Turbine Will Power New Indiana Gas-Fired Plant
- •Maple Creek Energy LLC is developing a new 640-MW natural gas-fired power project in Sullivan County, Indiana.
- •The project will utilize a GE Vernova 7HA.03 gas turbine in a single-shaft configuration, indicating a combined cycle plant.
- •This represents a significant new dispatchable generation capacity addition in the MISO region.
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POWER Magazine•13 days ago
ENGIE, Meta Expand PPAs with New 600-MW Solar Project
- •Meta and ENGIE are expanding their PPA relationship with a new 600 MW solar project in Texas, bringing their total contracted capacity to over 1.3 GW across four projects.
- •This deal highlights the continued strong demand from large technology companies (like Meta) for significant, long-term renewable energy PPAs to power their operations, likely datacenters.
- •For developers, this signals a robust market for utility-scale solar projects in ERCOT, driven by corporate off-takers seeking decarbonization and price certainty.
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POWER Magazine•13 days ago
INNIO, VoltaGrid Partner on 2.3-GW Data Center Project
- •INNIO Group received its largest equipment order ever, partnering with VoltaGrid for a 2.3 GW power infrastructure project.
- •The project will power a data center and utilize 92 INNIO power packs, each with 25 MW of generation capacity.
- •This announcement underscores the rapidly increasing and massive power demands of the data center industry.
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Energy Storage News•14 days ago
UAE: Masdar begins work on ‘world-largest’ solar-plus-storage project with 19GWh BESS
- •Masdar has commenced construction on what is described as the 'world's largest' solar-plus-storage project in Abu Dhabi, featuring an unprecedented 19GWh Battery Energy Storage System (BESS).
- •This project sets a new global benchmark for the scale of integrated solar and battery energy storage, signaling a trend towards gigawatt-hour scale BESS deployments that can provide massive grid stability and firming capacity.
- •For large power consumers, this scale of BESS integration implies significantly enhanced reliability and availability of renewable energy, potentially leading to more competitive and stable green power Purchase Power Agreements (PPAs).
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Energy Storage News•14 days ago
Saft wins 356MWh battery storage project contract in Taiwan with Foxlink Group company
- •Saft has been awarded a contract by energy trading company Foxwell Power (a Foxlink Group company) to supply a 356MWh battery storage solution in Taiwan.
- •This significant project highlights the increasing scale of battery energy storage system (BESS) deployments globally and the growing involvement of energy trading firms in developing such assets.
- •The commitment by a major industrial group (Foxlink) to this large-scale storage project signals a trend of large power consumers investing in advanced energy infrastructure, potentially for grid services, stability, or optimized energy management.
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Energy Storage News•14 days ago
‘Significantly more complex than expected’: Redearth’s Australian vehicle-to-grid launch
- •RedEarth has delayed the launch of Australia's first locally manufactured vehicle-to-grid (V2G) charger, citing unexpected complexity.
- •The delay signals significant technical and/or regulatory challenges in bringing novel V2G technology to market, impacting deployment timelines for developers and large power consumers.
- •This project, while delayed, represents an early-stage effort in V2G integration, offering insights into the practical hurdles of deploying such systems at scale.
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Energy Storage News•14 days ago
Australia’s Cheaper Home Batteries Program reaches 2GWh of storage capacity
- •Australia's 'Cheaper Home Batteries Program' has achieved over 100,000 installations, deploying 2GWh of subsidized distributed energy storage capacity for households and small businesses.
- •This significant deployment signals strong government policy support for behind-the-meter storage, creating a robust market for battery OEMs and installers.
- •The 2GWh of distributed capacity represents a growing pool of flexible resources that can be aggregated into Virtual Power Plants (VPPs), impacting peak demand, grid stability, and creating new revenue streams for developers and IPPs.
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Energy Storage News•16 days ago
Energy Vault, Jupiter Power, advance projects in ERCOT BESS market
- •Energy Vault acquired a 150MW BESS in ERCOT, indicating active M&A and investment in the region's storage market for developers.
- •Jupiter Power secured a 100MW BESS agreement with Austin Energy, highlighting new PPA opportunities for storage developers.
- •The ERCOT BESS market continues to expand with significant new capacity, offering increased grid flexibility and potential for ancillary services.
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Energy Storage News•16 days ago
US battery materials and BESS firm Redwood raises US$350 million Series E
- •Redwood Materials secured US$350 million in Series E funding to significantly scale its critical battery materials and energy storage businesses.
- •This investment signals a strengthening domestic supply chain for battery components, potentially leading to increased availability and more competitive pricing for BESS projects.
- •The expansion of battery materials and energy storage operations supports accelerated deployment of BESS, offering enhanced grid flexibility, resilience, and new opportunities for developers and large power consumers.
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Energy Storage News•16 days ago
California utility renegotiates purchase agreement with RWE for 476MWh BESS after regulator rejects initial proposal
- •San Diego Gas & Electric (SDG&E) is seeking regulatory approval to acquire an operational 476MWh Battery Energy Storage System (BESS) in Imperial County from RWE.
- •This acquisition follows a renegotiation of the purchase agreement after the initial proposal was rejected by regulators, indicating heightened scrutiny on BESS project economics and PPA terms.
- •The transaction involves an operational asset, suggesting a potential trend towards utilities acquiring existing storage capacity, which could impact new development opportunities and market dynamics.
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Energy Storage News•17 days ago
Price falls have enabled ‘zero-capex’ co-located BESS business model in Spain, company says
- •Lunas Energy is offering a 'zero-capex' business model for co-located Battery Energy Storage Systems (BESS) to solar PV plant operators in Spain.
- •This initiative directly addresses the increasing challenges of solar curtailment and negative pricing in the Spanish electricity market.
- •The viability of this 'zero-capex' BESS deployment is attributed to recent significant reductions in BESS capital expenditure.
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Energy Storage News•17 days ago
South Korean government investment in US BESS developer ‘reflects shared commitment to reliable, affordable power’
- •US BESS developer Peregrine Energy Solutions secured US$130 million in investment, notably including capital from the South Korean Ministry of Environment.
- •This significant international funding signals strong confidence in the growth and profitability of the US battery energy storage market for developers.
- •Increased capital for BESS developers will likely accelerate the deployment of storage projects, enhancing grid reliability and potentially stabilizing energy prices for large power consumers.
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Energy Storage News•17 days ago
VIDEO: Demystifying the BESS metrics that matter most, from SoC and SoH to cell imbalance and RTE
- •A Wärtsilä-sponsored webinar will demystify critical BESS metrics including State of Charge (SoC), State of Health (SoH), cell imbalance, and Round Trip Efficiency (RTE).
- •For developers and large power consumers, understanding these BESS performance metrics is essential for optimizing system operation, predicting asset longevity, and ensuring project economic viability.
- •The session aims to provide practical insights into managing and interpreting BESS data, directly impacting operational efficiency, revenue streams, and long-term asset value for storage projects.
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Energy Storage News•17 days ago
Samsung C&T proposes 200MW grid-scale battery storage system in Queensland, Australia
- •Samsung C&T is proposing a 200MW grid-scale Battery Energy Storage System (BESS) near Townsville, Queensland, seeking federal approval.
- •This significant BESS project will add substantial grid flexibility and ancillary service capacity to the Queensland market, potentially influencing wholesale energy prices and stability.
- •The announcement signifies continued large-scale energy storage development by a major international player in Australia, indicating ongoing investment in grid modernization and new market opportunities for developers.
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Energy Storage News•17 days ago
Raffeisen pension fund joins EBRD, EU on large-scale Croatia BESS and VPP investment
- •A €16 million (US$18.5 million) project in Croatia will combine large-scale Battery Energy Storage Systems (BESS) with a Virtual Power Plant (VPP).
- •The investment is backed by a diverse consortium including a Raffeisen pension fund, the European Bank for Reconstruction and Development (EBRD), and the EU Modernisation Fund, signaling strong institutional confidence in hybrid energy solutions.
- •This project highlights the increasing financial viability and market maturity for grid-scale battery storage and VPPs, offering developers a model for securing diverse funding.
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Energy Storage News•17 days ago
Calibrant to deliver BESS for Pacific Northwest data centre in ‘first-of-its-kind’ project
- •Calibrant Energy will deliver a 31MW/62MWh BESS for Aligned Data Centres' campus in the Pacific Northwest.
- •This project signifies a growing trend of large data centers integrating significant battery storage capacity for enhanced resilience and energy management.
- •For developers and large power consumers, it showcases a direct-to-load BESS deployment model for critical infrastructure.
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