Frontier Energy will pursue alternative funding solutions after missing out on Reserve Capacity Credits (RCCs) from the AEMO for its 360MWh Waroona Renewable Energy Hub in Western Australia.
Brightnight is seeking approval from the Arizona Corporation Commission to construct a generation tie-in transmission line (gen-tie) in La Paz County, Arizona.
Econergy will soon start construction on a 50MW BESS project in Poland, the first of that scale to reach this stage in the market, the Israel-based IPP claimed.
Eku Energy has begun its first battery storage project in Japan, while Gore Street Capital has raised funding for the country’s first energy storage-dedicated fund.
KEPCO, South Korea’s biggest electric utility, has welcomed the start of commercial operations at a portfolio of large-scale battery energy storage system (BESS) assets.
The Australian government’s Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to “dominate” stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage (LDES).