IPP Innergex commissions second large-scale Chile BESS
Innergex Renewable Energy has started operating a 35MW/175MWh battery energy storage system (BESS) in Chile, its second large-scale BESS in the country.
Chile opens land bidding for 13GWh of storage projects in Northern regions
The Chilean Ministry of Energy has opened a public land bidding auction seeking 13GWh of standalone energy storage projects.
InfraVia acquires Dutch/Belgian developer Giga Storage
Infrastructure investor InfraVia has bought a majority stake in Giga Storage, a Netherlands-headquartered BESS developer which is building a 2.4GWh project in Belgium.
UK system operator reassessing ‘outdated’ Capacity Market de-rating factors for storage
UK electricity market operator National Grid ESO is reassessing how much energy storage gets paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.
Netherlands’ ‘non-firm’ grid connections and lower fees could double BESS deployments
New rules which will reduce grid fees in the Netherlands by providing ‘non-firm agreement’ (NFA) connections as well as time-weighted rates could improve returns and double projected BESS deployments, an analyst has said, though a project owner was less openly optimistic about it.
Europe ‘slower and less bold’ on financial support for upstream battery material projects
Europe appears to be slower and less bold than other markets like the US when it comes to financial support for upstream battery material projects like lithium refining, a company looking to invest half a billion euros in an EU project told Energy-Storage.news.
Gresham House UK BESS revenues recover after 2023 slump and £100 million loss
Average revenues for the Gresham House Energy Storage Fund doubled from February to April this year, fund manager Gresham House said in its full year 2023 results.
‘Few viable LDES technologies beyond 24-hours’: CAES developer Corre Energy
The number of long-duration energy storage (LDES) technologies that will commercialise for applications beyond 24 hours ‘can be counted on one hand’, the CEO of compressed air energy storage (CAES) developer Corre Energy said in an interview.
Giga Storage gets go-ahead for 2.4GWh Belgium project, still choosing BESS provider
Dutch developer Giga Storage has received a permit for construction for its 600MW/2,400MWh BESS project in neighbouring Belgium and will choose the BESS technology provider after summer.
BESS noise has ‘exploded as a concern’ recently
The noise of battery energy storage system (BESS) technology has “exploded” as a concern in the last six months, an executive from system integrator Wartsila ES&O said.
