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Financial close achieved for 100MWh battery

Nippon Koei is active in battery storage markets in other countries including the UK. 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.

PODCAST: Solar and energy storage for everyone, sustainability,

Solar Media''s editor-in-chief Liam Stoker, Energy-Storage.news editor Andy Colthorpe and PV Tech senior reporter Jules Scully discuss the need for a major ramp-up in solar energy manufacturing this year, discover what''s driving long-duration energy storage forward, examine the glut of recent financing deals in the clean energy space and

Hydrostor proposes A-CAES facility for second IESO procurement

Hydrostor plans to submit its Quinte facility into the long lead time resource procurement stream where the IESO is seeking 500MW-1,00MW of capacity from new non-emitting resources expected to be in-service by 2034/35 for a period of 40 years. In a January 2022 interview with Energy-Storage.news,

Eni New Energy buys 400MWh Texas battery storage

That project was acquired from another Italian company, Falck Renewables, with which Eni New Energy US formed a joint renewable energy and storage development platform in late 2019. The platform is called Novis Renewables, and is targeting the development of at least 1GW of onshore wind, solar PV and energy storage by the end of 2023.

podcast Archives

The year has gotten off to a frenetic start, with plenty of news from the global solar and energy storage sectors to digest on the January 2022 episode of the Solar Media Podcast. The April 2021 episode of the Solar Media Podcast, sponsored by Honeywell, is now available to stream. We discuss everything from long-duration energy storage and

EnergyNest''s thermal storage to replace natural

The manufacture of bricks is an energy-intensive process, which requires high-grade heat or stream. This is currently largely generated with natural gas, however the addition of the thermal battery means that this will be completely replaced. There are a number of companies involved in various forms of thermal storage worldwide. Energy

Arizona utility SRP to arrive at 800MW battery

Energy-Storage.news'' publisher Solar Media will host the 5th Energy Storage Summit USA, 28-29 March 2023 in Austin, Texas. Featuring a packed programme of panels, presentations and fireside chats from industry leaders focusing on accelerating the market for energy storage across the country. For more information, go to the website.

Industry Updates Archive

HyperStrong has taken part in the 2024 edition of All Energy Australia, showcasing its cutting-edge energy storage technologies and solutions, while announcing a number of strategic collaborations with key Australian partners, underscoring the company''s continued commitment to expanding in the APAC region.

These 4 energy storage technologies are key to climate efforts

Europe and China are leading the installation of new pumped storage capacity – fuelled by the motion of water. Batteries are now being built at grid-scale in countries including the US, Australia and Germany. Thermal energy storage is predicted to triple in size by 2030. Mechanical energy storage harnesses motion or gravity to store electricity.

Real estate firm Stream to deploy 450MW of solar/storage across

Catalyze said it will de-risk Stream''s costs and supply chains and accelerate construction across the pipeline, allowing for more rapid clean energy development and emissions reductions. Businesses in the US are increasingly investing in on-site solar and storage projects like Stream is doing to save on energy costs.

Europe Archives

The Winners Are Set to Be Announced for the Energy Storage Awards! Energy Storage Awards, 21 November 2024, Hilton London Bankside. Book Your Table. Europe. Rolwind claims first EIA approval for standalone, 800MWh BESS in Spain. A double header of news from Sweden, with BESS developer-operator Ingrid Capacity launching what it claimed is

Market Analysis Archives

The Winners Are Set to Be Announced for the Energy Storage Awards! Energy Storage Awards, 21 November 2024, Hilton London Bankside. Book Your Table. Market Analysis. Premium. Energy-Storage.news proudly presents our sponsored webinar with GridBeyond, on successful battery storage trading strategies in the ERCOT and CAISO markets.

Germany: 2-hour battery storage revenues 60%

The changing revenue stack for battery storage in Germany. Image: Entrix. The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.. Munich-headquartered Entrix raised

Evolution of business models for energy storage systems in Europe

• An additional revenue stream to wholesale revenues via a capacity payment (TSOs are not allowed to interfere with the energy markets) Every edition includes ''Storage & Smart Power,'' a dedicated section contributed by the team at Energy-Storage.news. Cover image: A recently-completed solar-plus-storage project in Saxony, Germany, the

Optimisation of energy storage assets in the US'' leading markets

During the September 2022 heat wave, batteries tended to offer a large portion of both their upward and downward capacity into the market. Batteries provided 2.4% of generation for the CAISO balancing area in hours-ending 17 to 21 from 31 August to 9

Microvast commits to becoming an industry leader

Microvast Energy recently announced the securing of a large contract to supply a utility-scale battery energy storage system to a US customer. The energy storage portion of the project is 1.2GWh and will be co-located with a solar plant. The energy storage containers will begin shipping in 2023, with commercial operation expected in 2024.

Value-Stacking Grid-Scale BESS in Australia

During our research for the 13th Energy Storage World Forum Virtual Conference, we found that many people in the energy storage industry face challenges in terms of value stacking grid-scale batteries in order to maximise their returns on investment (ROI).Two of our speakers, Henry Nguyen (ElectraNet) and Dave Moretto (AGL Energy) shared their views on the most

UK energy storage deployments grew by record 800MWh in 2022

Energy-Storage.news'' publisher Solar Media will host the 8th annual Energy Storage Summit EU in London, 22-23 February 2023. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place. Visit the official site for more info.

Japan''s low-carbon capacity auctions ''will

Read more of Energy-Storage.news'' coverage of Japan. Energy-Storage.news'' publisher Solar Media will host the 2nd Energy Storage Summit Asia, 9-10 July 2024 in Singapore. The event will help give clarity on this nascent, yet quickly growing market, bringing together a community of credible independent generators, policymakers, banks, funds

European Investment Bank supports thermal

A total of 311 applications were received for clean energy or decarbonisation projects after the call for submissions opened last summer. Of these, seven were selected to receive direct funding from a €1.1 billion budget and include hydrogen, carbon capture and storage, advanced solar cell manufacturing and other technologies.

US Grid-Scale Energy Storage Installations Surge, Setting New Q2

• 3,000+ MW of storage installed across all segments, 74% increase from Q2 2023 • Second-highest quarter on record for total installations. HOUSTON/WASHINGTON, October 1, 2024 — The U.S. energy storage market experienced significant growth in the second quarter, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed..

Goldman Sachs-backed standalone energy storage startup

Energy-Storage.news previously covered Gridstor when the company bought a 500MW/2,000MWh portfolio of in-development BESS projects in Los Angeles from renewable energy and energy storage developer Upstream Energy. Those projects are due to come online between 2024 and 2026, while the project in Goleta is scheduled to come online in the Fall of

''A very good year'': France toasts rapid energy storage growth

Energy-Storage.news reported a while back on the completion of an expansion at continental France''s largest battery energy storage system (BESS) project. BESS capacity at the TotalEnergies refinery site in Dunkirk, northern France, is now 61MW/61MWh over two phases, with the most recent 36MW/36MWh addition completed shortly before the end of

Energy Storage News

Redoxblox uses a chemically reactive metal oxide to pack more energy into its thermochemical storage systems aimed at industrial decarbonization. (Redoxblox) The island has ambitious climate goals and a ton of rooftop solar, but has so far built few large-scale clean energy projects. Project Marahu

Latest updates on energy storage trends and technologies

Energy storage is a solved problem There are thousands of extraordinarily good pumped hydro energy storage (PHES) sites around the world with extraordinarily low capital costs. When coupled with batteries, the resulting hybrid systems offer large energy storage, low cost for both energy and power, and rapid response.

Sungrow to supply 100MW/400MWh battery storage project in

Speaking to Energy-Storage.news recently, the developer said that much of Peninsular Malaysia has a very stable electricity grid and good access to natural gas. The urgency to invest in battery storage to balance the grid and integrate variable renewable energy (VRE) is not as acute in other countries like Japan and the Philippines which are

PGE announces major clean energy storage project in

Portland General Electric, the utility serving Portland, Oregon, announced Friday it is putting in the second-largest battery storage installation in the United States, at 400 MW of power. The significance of such projects is

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