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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.
storage
Energy Storage News•16 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.
storage
Energy Storage News•16 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.
storage
Energy Storage News•16 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.
storage
Energy Storage News•16 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.
storage
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.
storage
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.
storage
Energy Storage News•17 days ago

California BESS legislation update: Fire safety bill becomes law, permitting restrictions do not

  • •California has enacted new fire safety legislation for Battery Energy Storage Systems (BESS), which will introduce new compliance requirements and potential cost considerations for developers and IPPs.
  • •Proposals for additional permitting restrictions on BESS projects in California did not pass into law, which is a favorable outcome for developers, indicating continued relative ease of project approval.
  • •The legislative session's outcome presents a mixed regulatory environment for BESS in California: increased safety oversight balanced by the absence of new permitting hurdles, impacting project timelines and costs for developers and large power consumers.
storage
Energy Storage News•17 days ago

CATL’s Q3 ESS battery shipments reach 36GWh, market share ‘impacted by capacity constraints’

  • •CATL, the world's largest lithium-ion battery supplier, shipped 36GWh of ESS batteries in Q3.
  • •Despite recovering revenue growth, CATL's market share was impacted by its own capacity constraints, indicating robust demand for energy storage.
  • •This suggests potential supply tightness and pricing pressure for battery energy storage systems (BESS) components in the near term for developers and large power consumers.
storage
Energy Storage News•17 days ago

Philippines ‘entering an era where energy storage is indispensable’, says solar pioneer

  • •The Philippines is at a crucial turning point, recognizing energy storage as indispensable for its grid, driven by increasing renewable energy integration.
  • •This shift signals a rapidly expanding market for energy storage projects, presenting significant development and investment opportunities for IPPs and developers.
  • •Policy and regulatory frameworks are likely evolving to support and incentivize large-scale energy storage deployment, creating a more favorable environment for new projects.
storage
Energy Storage News•17 days ago

ARENA funds world-first ‘inverterless’ battery storage tech from Australian startup Relectrify

  • •Australian startup Relectrify secured AU$25 million from ARENA to develop its 'world-first' inverterless battery energy storage system (BESS).
  • •This novel technology aims to eliminate traditional inverters, potentially reducing BESS capital costs, improving system efficiency, and simplifying deployment.
  • •The innovation could lead to more cost-effective and scalable battery storage solutions, enhancing project economics for developers and offering cheaper, more reliable power options for large power consumers.
storage
Energy Storage News•18 days ago

US battery storage financing ‘has become more challenging’

  • •US battery energy storage system (BESS) project financing has become more challenging, according to industry experts.
  • •This trend likely translates to higher capital costs and increased risk for BESS projects, potentially impacting project viability and PPA pricing for developers.
  • •Large power consumers seeking BESS solutions or stable PPA rates may face longer development timelines and less favorable terms due to financing hurdles.
storage
Energy Storage News•18 days ago

Recurrent Energy secures US$825 million financing for Arizona BESS and solar projects

  • •Recurrent Energy secured US$825 million in construction financing for its battery energy storage system (BESS) and solar projects in Arizona.
  • •Cypress Creek Renewables also reached financial close for a solar-plus-storage project located in Colorado.
  • •These successful financing rounds underscore the continued strong investment and bankability of large-scale solar and battery storage developments in the US market for developers.
storage
Energy Storage News•18 days ago

EU Roundup: Big BESS project news in Greece, Germany, Romania and Portugal

  • •Large-scale Battery Energy Storage System (BESS) projects are actively progressing across Greece, Romania, Germany, and Portugal.
  • •Key players including Principia (project completion), Repono (acquisition), Kyon (optimiser selection), Voltalia, and NGEN (new targets) are driving significant BESS market activity.
  • •This roundup highlights robust investment and expansion opportunities for developers and IPPs in the European energy storage sector, signaling continued grid modernization efforts.
storage
Energy Storage News•18 days ago

‘Developers don’t want geopolitical risks’: Fluence talks up US domestic content strategy

  • •Fluence, a major energy storage OEM, is emphasizing a US domestic content strategy to help developers mitigate geopolitical supply chain risks.
  • •This strategy aims to provide greater supply chain stability and potentially cost predictability for energy storage projects, driven by developer demand and policy incentives.
  • •Developers and IPPs are increasingly prioritizing domestic sourcing to de-risk projects, meet policy requirements (e.g., IRA), and secure financing advantages.
storage
Energy Storage News•18 days ago

US thermal energy storage startup Rondo deploys 100MWh industrial ‘Heat Battery’

  • •Rondo has deployed a 100 MWh industrial 'Heat Battery' in California, claimed to be the world's largest, offering a new solution for industrial process heat.
  • •This technology provides large industrial consumers a pathway to decarbonize their operations by replacing fossil fuels with renewable-powered thermal energy, potentially stabilizing energy costs.
  • •For renewable energy developers, it creates a significant new demand for clean electricity, opening up opportunities for Power Purchase Agreements (PPAs) focused on industrial heat applications.
storage
Energy Storage News•18 days ago

South Australia launches first capacity tender for 700MW of long-duration energy storage

  • •South Australia has initiated its first Firm Energy Reliability Mechanism (FERM) tender, targeting 700MW of long-duration energy storage (LDES) capacity.
  • •This new policy mechanism creates a significant market opportunity for LDES developers to secure capacity contracts and contribute to grid stability.
  • •The tender aims to enhance grid reliability and facilitate the integration of intermittent renewable energy sources, benefiting large power consumers with more stable supply.
storage
Energy Storage News•19 days ago

Ameresco, Alliant Energy, begin operating record-breaking BESS projects in Arizona, Wisconsin

  • •Ameresco has commissioned Arizona's largest behind-the-meter (BTM) BESS, while Alliant Energy has brought Wisconsin's largest BESS online, marking significant regional milestones.
  • •The Arizona BTM BESS demonstrates increasing opportunities for large power consumers and developers to implement on-site storage for demand charge management, resilience, and energy cost optimization.
  • •These projects signify the accelerating deployment and growing scale of battery energy storage across diverse market segments, indicating a maturing market for BESS developers and new grid service opportunities.
storage
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