Work begins on UK’s ‘largest under-construction BESS’ at 640MWh
SSE Renewables has commenced construction of a 320MW/640MWh BESS, which could be the largest under-construction in the country.
NHOA Energy reports 71% year-on-year increase in sales, 384% growth in online BESS capacity
NHOA Energy has gone from 111MWh of capacity online as of the end of Q3 2022, to a cumulative 535MWh at the end of the same quarter this year.
Wärtsilä begins strategic review of energy storage business, considers divestment
Power technology firm Wärtsilä has initiated a strategic review of its energy storage and optimisation (ES&O) business, with “all potential alternatives considered” including divestment.
Developer SENS secures land for 50MW BESS in Sweden
Sweden-based developer Sustainable Energy Solutions Sweden (SENS) has signed a long-term land lease for a 15MW PV, 50MW battery energy storage system (BESS) project.
UK BESS Roundup: EDF, TagEnergy and Exagen launch 225MW of projects
In a trio of UK battery storage announcements, EDF Renewables has commissioned a 50MW battery energy storage system (BESS), while TagEnergy and Exagen have progressed two projects totalling another 175MW.
UK BESS project premiums fall by 15%
UK battery energy storage system (BESS) project premiums have fallen 15% in the last few months, a source told our sister site Energy-Storage.news.
‘Complex’ optimisation of co-located wind and battery storage ‘creates blueprint for portfolio management’, says UK’s Arenko
Successful optimisation of batteries co-located with wind is complex but could help “unlock a blueprint” for managing assets at portfolio level, the chief executive of UK software company Arenko has said.
Developer Kyon secures approval for 58MW/116MWh BESS in Germany
Developer Kyon Energy has secured construction approval for a 2-hour large-scale battery energy storage system (BESS) project in Saxony-Anhalt, Germany.
UK BESS project premiums, valuations down as revenue expectations drop
Company valuations and developer premiums for project sales have come down in the UK market amidst rising financing costs and plummeting revenues.
World’s energy storage capacity forecast to exceed a terawatt-hour by 2030
Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.
