France-headquartered IPP and utility EDF has secured financial close for the second and third of a three-project BESS portfolio in South Africa, projects that won long-term contracts under the country’s BESIPPPP scheme.
The first pumped hydro energy storage (PHES) project to be built at a former coal mine in the US will receive up to US$81 million in Department of Energy (DOE) funding.
The government of South Africa has signed commercial close agreements for two large-scale BESS projects totalling 720MWh, allowing project backers Scatec and a consortium of CIP and EDF to proceed with construction.
The UK arm of EDF Renewables yesterday (20 August) announced that it will bring over 300MW of battery energy storage system (BESS) projects online over the next 12 months in the country.