TotalEnergies buys German BESS developer Kyon Energy
Oil and gas major TotalEnergies has acquired Kyon Energy, one of the most active battery energy storage system (BESS) project developers in Germany.
Equinor’s 25MW/50MWh UK BESS commences operations
Norwegian oil and gas giant Equinor’s 25MW/50MWh Blandford Road battery energy storage system (BESS) has commenced operations.
Panama launching 500MW renewable energy and energy storage scheme
Panama has launched a 500MW tender auction for renewables and energy storage, the first in Central America to include storage.
UK: Developers welcome LDES cap and floor but caution against ‘gaming’ and lithium-ion exclusion
We hear from UK battery storage developer-operators and long-duration energy storage (LDES) technology firms on the government’s recently-released LDES consultation, which has proposed a cap and floor scheme to kickstart investment.
BYD to supply first 1.1GWh of BESS for ‘world’s largest energy storage project’ in Chile
EV and BESS company BYD will supply its product for a project from Grenergy in Chile which has been claimed as the largest energy storage project in the world.
Germany’s Electricity Storage Strategy ‘puts storage on political agenda for the first time’
The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).
European Union countries’ clean energy plans ‘fall short when it comes to energy storage’
The National Energy and Climate Plans (NECPs) of European Union (EU) Member States are largely falling short in recognising the vital role of energy storage, the Energy Storage Coalition has said.
UK unveils LDES support plan: cap-and-floor, 6-hour-plus duration, and lithium-ion excluded
The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.
Chile forms state-controlled entity with SQM to control domestic lithium production
The government of Chile has formed an entity to keep a majority stake in domestic lithium production with one of the two private companies that mine it, while also setting aside land for 13GWh of downstream energy storage projects.
European Investment Bank contributes funding toward Mytilineos’ 2.6GW solar, storage pipeline
The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.
