Energy storage assets are versatile, profitable low carbon resources that need the right conditions and guidance to deliver value from the very start of operation, writes TWAICE.
New transferability and direct pay provisions for clean energy tax credits are a “game changer for renewable energy development” in the US, Shearman & Sterling partner Mona Dajani told Energy-Storage.news.
Investor DIF and renewable energy optimiser Pexapark have announced what they claim is the UK’s ‘first bankable and unsubsidised co-located PPA’, for a solar and storage project.
Global BESS integrator Fluence has secured its second ‘Grid Booster’ battery storage project in Germany, this time with TSO TenneT for two projects totalling 200MW.
A roundup of battery storage news in the UK, with projects from Centrica, Pulse Clean Energy, Habitat Energy and Gore Street, as the country’s operational capacity reaches over 3GW.
Germany-based BESS integrator Intilion and its parent company Hoppecke have decided not to pursue a public listing because of the ‘current capital markets environment’.
California utility SDG&E has commissioned two projects totalling 171MW of battery storage, while system integrator Ameresco has secured contracts to deliver 379MWh for at four gas plants in the state.
Hydrostor “remains fully committed” to its 4GWh advanced compressed air energy storage (A-CAES) project in California, its president told Energy-Storage.news as it considers alternative locations and delivery dates.
London-based investor NextEnergy Capital has closed a US$480 million tranche of investment in its NextPower V ESG (NPV ESG) fund, which is targeting solar and battery storage.
