Behind the numbers: BNEF finds 40% year-on-year drop in BESS costs
BNEF analyst Isshu Kikuma discusses trends and market dynamics impacting the cost of energy storage in 2024 with ESN Premium.
BNEF: Bigger cell sizes, 5MWh containers among major BESS cost reduction drivers
A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs.
Year in Review: Fluence on data centres, domestic manufacturing and another ‘record-breaking year’ ahead
Our Year in Review Q&A series continues as we speak with Andrew Gilligan, senior director for commercial strategy at Fluence.
DTEK enlists Fluence for 200MW/400MWh of grid-supporting BESS in Ukraine
System integrator Fluence will provide 200MW/400MWh of BESS for dependent power producer (IPP) DTEK’s projects in Ukraine.
Eneco to take Netherlands’ largest BESS into operation in 2025
Utility Eneco will optimise a BESS project in the Netherlands that, at 31.6MW/126.4MWh, will be the country’s largest when it comes online before the end of the year.
Neoen starts building 90MWh German BESS
France-headquartered IPP Neoen has started construction work on a 45MW/90MWh BESS project in Saxony-Anhalt, Germany, set to come online in 2026.
Year in Review with European IPPs Econergy and Ingrid Capacity: ‘Innovative financing is coming’
In this installment of our Year in Review series, we hear from developer and independent power producers (IPPs) Econergy and Ingrid Capacity, both active in the European market.
Germany: Nofar Energy claims first physical fixed-price toll for BESS in Continental Europe
IPP Nofar Energy has agreed a Flexibility Purchase Agreement (FPA) for a 209MWh BESS project in Germany, the first of its kind in Continental Europe, it claimed.
TagEnergy and Tesla launching construction on France’s largest BESS at 480MWh
Renewable developer and IPP TagEnergy will soon start construction on the largest BESS project in France, a 240MW/480MWh project with Tesla providing BESS and EPC services.
Greece postpones third battery storage auction
The energy regulator in Greece has cancelled the country’s third large-scale energy storage procurement auction due to confusion over limits on how much power capacity could be bid in per participant, with a view to relaunching the scheme.
