Quinbrook Infrastructure Partners has raised £620 million (US$750 million) for a UK-focused renewables fund, with solar, storage and flexibility assets a key focus.
Substantial growth in China’s domestic energy storage market has led to locally-based players Sungrow and Hyperstrong becoming top five system integrators globally, S&P Global Commodity Insights said.
The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).
Netherlands-based developer Giga Storage has announced its first project outside home turf, with a 300MW/1,200MWh transmission-connected BESS planned in neighbouring Belgium.
The European renewable energy IPP arm of Korean conglomerate Hanwha Group, Q Energy, has started building one of the largest battery energy storage system (BESS) projects in France.
Rimac Energy, the battery energy storage system (BESS) division of EV supercar company, has unveiled its new product at the Energy Storage Summit Central Eastern Europe (CEE).