Norwegian firms Morrow Batteries and Eldrift have announced a non-binding offtake agreement for 1.5GWh of Morrow’s lithium iron phosphate (LFP) batteries.
Managing your battery energy storage system (BESS) supply chain is a complex issue with no easy fixes, according to leading developers, system integrators and investors.
Turkish company Kontrolmatik Technologies expects over US$900 million in incentives from the Inflation Reduction Act to 2032 for its US gigafactory, with Powin one of its first offtakers.
Developer Terra-Gen has closed US$969 million in project financing for the second phase of Edwards Sanborn Solar-plus-Storage facility in California, which will bring it to 3,291MWh of energy storage capacity.
Battery capacity has started to come online at what is claimed to be the world’s largest project to combine solar PV and battery storage at the same site, in California.
Clean Power Alliance, a community energy provider in California, has signed a 15-year power purchase agreement (PPA) with EDF Renewables for a large-scale solar-plus-storage project’s output.
Hybrid renewables are playing a strategic role in accelerating the decarbonisation of power generation and supporting the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), as well as supporting the UK’s net zero by 2050 ambition and its interim emissions reduction of 78% by 2035. Consultant Peter Lo of ITPEnergised discusses the UK’s emergence into the hybrid energy sector and how it is better for our planet, better in the economics and better for offtake.
Independent power producer EDF Renewables North America has signed a 22-year power purchase agreement with NV Energy for a 200MWac solar project coupled with a 180MW, four-hour battery storage system.