Enel to add 43GW of solar by 2030 as part of US$191bn plan
Italian utility Enel will invest around €70 billion (US$78 billion) by 2030 to scale up its renewables and energy storage portfolio as it brings forward plans to reach net zero to 2040.
Energy storage an increasingly accepted asset class, but European market regulation a hurdle
Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.
UK government awards funding to longer-duration energy storage tech projects
The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged.
Centrica-optimised Estor-Lux BESS in Belgium participating in frequency regulation market since December
The EStor-Lux battery site in south Belgium fully launched commercial activity in December and has successfully participated in grid frequency auctions.
ILI Group seeking buyers for 300MW BESS project portfolio
Scottish energy storage developer ILI Group has confirmed a sales tender for a 300MW battery energy storage (BESS) portfolio.
Habitat Energy, Centrica sign 189MW of UK battery storage optimisation deals
Optimisation deals have been announced for battery storage systems in the UK for Habitat Energy and Centrica with developers Eelpower and Arlington Energy respectively.
TagEnergy, Harmony Energy begin construction of 49MW/98MWh BESS project in Scotland
TagEnergy and Harmony Energy have confirmed construction has started on a 49MW/98MWh standalone energy storage system (BESS) situated near Abernethy, Scotland, with financial support from Santander UK.
UK’s Pulse Clean Energy aims at 1GW+ BESS opportunities after Investment Management Corporation of Ontario takeover
Following last year’s acquisition, independent power plant developer Green Frog Power has rebranded as Pulse Clean Energy and unveiled a target of 1GW+ of energy storage assets in the UK.
Exagen submits plans for 500MW/1GWh battery storage mega-project
Exagen has confirmed that it has submitted plans for a 500MW/1GWh battery storage mega-project to Blaby District Council.
Trina Solar’s energy storage division brings online 50MW BESS project in UK
Trina Storage has completed the supply of its first UK battery energy storage system (BESS), the 50MW/56.2MWh fully integrated grid-scale battery energy storage system owned by SMS plc
