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.
BESS: Chile’s renewables saviour?
Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.
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.
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.
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.
Grenergy raises US$324 million for Phase 4 of ‘world largest’ solar-plus-storage project in Chile
Grenergy has raised financing for the fourth phase of a solar-plus-storage project in Chile set to feature 11GWh of battery storage capacity when completed.
‘Rolling the dice’: UK BESS developers brace themselves for grid connections reform
The UK is in the middle of a massive overhaul of its queue system for connecting projects to the grid, and BESS is one of the most oversubscribed technologies, leading to a “nervousness” for a lot of projects, law firm Freeths said.
