Energy storage developer Energy Vault is set to fully acquire the 125MW/1GWh Stoney Creek battery energy storage system (BESS) in New South Wales, Australia, from Enervest Group.

A legal challenge against NextEra Energy Resources (NEER) over the construction of a 250MW/1,000MWh standalone BESS in Georgia has been dismissed by the Superior Court of Fulton County, after several months of litigation. 

California community choice aggregator (CCA) utility Central Coast Community Energy (3CE) has announced a request for proposals (RFP) to meet its renewable portfolio standard.

Developer Peregrine Energy Solutions has secured US$168 million for a 150MW battery energy storage system (BESS) currently under construction.

There will be ‘foundational’ shifts in the US’ two largest renewables and energy storage markets this year, California (CAISO) and Texas (ERCOT), significantly affecting battery storage market participation.

The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.

Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.

Independent power producer (IPP) RWE has commissioned a 35MW/41MWh BESS in the Netherlands, while commissioning is progressing on a smaller system with grid-forming capabilities.

Developers entering competitive solicitations for energy storage have been offered advice on how to be successful.

In light of lengthy interconnection delays, independent power producer (IPP) NextEra Energy Resources (NEER) has successfully renegotiated the terms of an offtake agreement associated with one of the developer’s solar and storage projects located in Clark County, Nevada.