Image: Gareth Davies / Solar Media. The broader portfolio and management team are critical to securing investment for individual energy storage projects, said senior figures at asset managers Blackrock and Impax. The topic was dicussed at the Fast and Efficient Ways of Obtaining Investment'' panel discussion on

Image: Yuso via Twitter. Financial close has been reached for a 25MW / 100MWh battery energy storage system (BESS) project in Belgium which has also been successful in a grid capacity auction alongside gas-fired power plants. The battery system will be built in Ruien, East Flanders, co-developed through a joint venture (JV) between

The company develops projects to own and operate, and Bishop says that he''s confident New York will have a robust energy storage market within the next couple of years, and says it''s probable the 6GW target will even be surpassed, such is the fundamental need for storage in New York''s energy system.

Energy storage is an economic way of enhancing the reliability of our grid without costly investments in new transmission lines. For example, during extreme weather events, a

1 · June 30, 2024. Trina Solar Japan Energy (TSJE), the Japan regional team of the Trinasolar ISBU (International System Business Unit), has announced that its large-scale 2.34MWp Agri-PV project in

A compressed air energy storage (CAES) project in Hubei, China, has come online, with 300MW/1,500MWh of capacity. The 5-hour duration project, called Hubei Yingchang, was built in two years with a total investment of CNY1.95 billion (US$270 million) and uses abandoned salt mines in the Yingcheng area of Hubei, China''s sixth-most

Image: BMK / Petra Grasel. Some €17.9 million (US$19 million) in grants will be made available for ''medium size'' distributed-scale energy storage projects in Austria. The country''s Climate and Energy Fund has launched a new call for proposals for ''Medium-sized electricity storage systems'' of between 51kWh and 1MWh in energy

System integrator Fluence and Norwegian state-owned power firm Statkraft have partnered on a 4-hour battery energy storage system (BESS) in Ireland, the market''s first. The 20MW BESS will be deployed in County Offaly, in the Republic of Ireland, at Statkraft''s 55.8MW Cushaling wind farm, which is already under construction.

Image: RWE. European utility and power generation firm RWE is building two co-located energy storage projects totalling 10.6MW in North-Rhine Westphalia, Germany. The solar and storage projects are being built in the Garzweiler opencast lignite mine near Bedburg, in the district of Rhein-Erft, and will be commissioned in spring 2023.

Lithium-ion batteries are effective for short-term energy storage capacity (typically up to four hours), but other energy storage systems will be needed for medium- and long-term

China''s Contemporary Amperex Technology Limited (CATL) has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP) Broad Reach Power. The BESS will be installed at six projects in Texas which Broad Reach Power is developing. The deal with one of the world''s biggest lithium

Jul102023. TC Energy''s Pumped Storage Project moving to final evaluation. Made-in-Ontario: a solution to accelerate the province''s ambitious plans for clean economic growth. TORONTO, July 10, 2023 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) welcomes today''s

The government of Estonia has signed a Memorandum of Understanding (MoU) for what would be the Eastern European country''s first pumped hydro energy storage (PHES) facility. According to an announcement issued last week (3 April) on behalf of PHES technology company and project developer Zero Terrain, the national Ministry

Wind turbines at some of ReNew Power''s projects. The renewable independent power producer (IPP) has commissioned around 5.6GW of capacity to date. adding that he saw it as the "beginning of a new era in the renewable energy sector". "[U]nder this single project, 400MW renewable energy Round-The-Clock (RTC) capacity

Image: Leipziger Stadtwerke. A solar-plus-storage project has been commissioned in Saxony, Germany, the first in the state from the recent ''innovation tenders'' to do so. The project pairs a 13.5MWp solar PV array with a 3.7MWh battery energy storage system (BESS) from Intilion, the lithium-ion energy storage arm of the

Today, ZE Energy has a project portfolio totalling 170 MW in photovoltaic solar power and over 65 MWh in battery storage. By 2025, the company aims at

Renewable Energy procurement advisor, LevelTen Energy, is reported to have developed a RE-Store Energy Agreement, designed for utility-scale storage projects. The contract

The report recommends that infrastructure plans and processes should be aligned with renewable energy deployment and should facilitate smart grid technologies

The New York Public Service Commission (PSC) has given the state''s Joint Utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline. The PSC said earlier this month that in addition to the extension on the required in-service date, contracts for energy storage procured by the

Image: Jupiter Power. Gravity-based energy storage company Energy Vault will deliver and optimise battery energy storage systems (BESS) totalling 220MWh for developer Jupiter Power in Texas and California. The company, best known for its novel energy storage technology based on raising and dropping weights to charge and

All of in any site. Luxembourg: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all of the key metrics on this topic.

12 · This transaction marks a significant milestone in the development of an impressive 394 MW BESS portfolio. Yumin Liu, CEO of Emeren Group, commented, "We

George Manahilov, Co-Head of Energy Storage says energy storage is now flagged as a critical grid infrastructure. This is recognized by both the investment community and

Image: Polskie Sieci Elektroenergetyczne. Poland looks set to lead battery storage deployments in Eastern Europe, with 9GW of battery storage projects offered grid connections and 16GW registered for the ongoing capacity market auction. Eastern Europe has languished behind other regions in developing battery storage, but

It plans to deliver the Oneida Energy Storage Project, a 250 MW / 1000 MWh energy storage facility in Southwestern Ontario, which would be the largest project of its kind in Canada. CIB''s CAN$10bn growth plan emphasizes the delivery of new clean power infrastructure, and the project would also benefit from CIB''s innovative financial

According to the Ministry of Energy and Spatial Planning, the target of 42.5% renewable energy at European level will mean that Luxembourg will "probably"

Skelton Grange, the site for Catalyst Capital''s 100MW battery facility in Yorkshire, northern England. Image: Catalyst Capital. Two battery energy storage system (BESS) projects in the county of Yorkshire, northern England, have been acquired by Catalyst Capital, a European real estate investor, and Israel-headquartered renewable

Luxembourg is pushing for a more aggressive approach on energy transition at the EU level and in some cases has adopted national targets that exceed the requirements of EU directives. Luxembourg''s renewable energy share is growing; it reached 6.4% of gross final energy consumption in 2017.

Image: Lazard. While decreases in costs continue to make energy storage more and more competitive, financial advisory and asset management firm Lazard has highlighted just how variable project economics can be, citing examples of US projects with 9%, 11% and 21% IRR (internal rate of return). Lazard, which has advised the likes

Find the Latest Grid-scale/Utility Scale Energy Storage System (ESS) Projects in Luxembourg Region with Ease. Discovering and tracking projects and tenders is not easy. With Blackridge Research''s Global Project Tracking (GPT) platform, you can identify the right opportunities and grow your pipeline while saving precious time and money doing it.

Utility and independent power producer (IPP) Iberdrola will deploy battery energy storage system (BESS) projects in Spain adding up to 150MW/300MWh, to be co-located with existing PV plants. The six new BESS projects were amongst 1.9GWh of energy storage projects awarded grant funding in a recent tender called PERTE

6 · Today''s News-Herald Jul 1, 2024 Jul 1, 2024 Updated 7 mins ago A new renewable energy project has been proposed at Red Lake, about 35 miles north of Kingman. Now, officials are determining exactly

This week we published our interview with Energy Dome, the CO2 battery company founded in Italy, which touched on the company''s move into project development. We look at why LDES companies are eyeing project development, Europe''s gigafactories in the ESS market, and vertical integration''s pitfalls.