Potentia Energy, a joint venture co-owned by Enel Green Power and INPEX, is set to secure several battery energy storage system (BESS) assets across Australia as part of a 1.2GW portfolio acquisition.
Largo has announced the successful closing of the previously announced transaction between its subsidiary, Largo Clean Energy Corp. and Stryten Critical E-Storage to establish joint venture Storion Energy.
The start of 2025 has seen new and updated BESS revenue indexes launched for Germany as well as other other European markets, by optimiser enspired and consultancies Clean Horizon, Aurora Energy Research and LCP Delta.
Power purchase agreements (PPAs) have increasingly shown their limitations, and energy storage and flexibility resources can offer a solution, writes John Diklev, founder and CEO of Sweden-based optimiser and flexibility asset operator Flower.
EDP Renewables North America has announced a land purchase agreement for the 75MWac, 300MWh Edgeware energy storage project in St. Thomas, Ontario, CA.
Meanwhile, SolarBank has announced its first BESS in the province, with construction expected to commence 10 February.
Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla will supply Megapacks for a BESS project while Sumitomo will deploy a 12MWh vanadium flow battery.