While not as dominant as hydroelectric storage, battery energy storage systems (BESS) are gaining traction in Norway for shorter-term storage and grid services.
Standalone BESS solutions can be dynamically sized to suit any long-duration storage requirement, typically sized from 100kW/ 400kWh to 40MW/ 160MWh. Standalone solutions are usually made up of multiple containerised units and
Understandably, stand-alone energy storage is also seeing more build-out, with 64% of operational projects and 85% of operational capacity being stand-alone batteries.
The partnership-flip structure is expected to continue to be employed by the majority of tax equity investors for standalone battery storage projects, given that investors in the tax equity space have years of experience underwriting tax
EIP Storage is an energy storage project developer with a focus on stand-alone project development that meets the needs of an evolving electricity grid. We develop utility-scale
Ever wondered how a city known for fjords and northern lights is quietly becoming a global energy storage pioneer? The Oslo Grid Energy Storage Project is rewriting the rules of renewable
NextEnergy Capital is pleased to announce that NextPower UK ESG has acquired a 29MW, two-hour duration standalone Battery Energy Storage System ("BESS") project called '' Rutherglen '', marking NPUK''s 13th
of New York. The total amount of energy storage projects in New York State at the end of March 2025 equaled 1,403.2 MW in capacity, consisting of 509.2 MW of deployed
Significant investment is also occurring in the UK, where work is set to begin on the world''s first commercial liquid air energy storage project in 2025, in addition to a number of
Rising solar and wind capacity is increasing the need for battery storage and the inflation act includes investment tax credits (ITCs) for stand-alone storage facilities for the first time.
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
The 209 MWh Stendal battery energy storage project is expected to be fully operational by early 2026, one year before its seven-year tolling agreement comes into effect.
ESA Solar''s Kreamer Feed Rooftop and Ground Solar project in Kreamer, PA. Image: ESA Developer ESA Solar has announced successful permitting of the Salzburg
On 21 August 2024, the Bulgarian Ministry of Energy opened a tender procedure for National infrastructure for storage of renewable energy (RESTORE) for granting stand-alone battery
The project''s implementation depends on that application''s acceptance, with the final investment decision expected by the second quarter of 2025. Hydro claims it produces aluminum in Norway with a carbon footprint
EDP Renewables has started the construction of its first stand-alone battery energy storage (BESS) project in Europe, a milestone that materializes the companys ambition to continue building a multi-technology
The Spanish government will allocate 280 million euros ($310 million) for stand-alone energy storage, thermal storage and reversible pumped hydro storage projects, which are due to come online in 2026.Last month,
Å Energi has acquired a majority stake in the Isokangas energy storage project near Oulu. The 50 megawatt/1hour energy storage facility to be completed in 2026 is a
Minnesota regulators approved the state''s first standalone energy storage project, a 150 MW, 600 MWh installation that will solar and wind energy from nearby projects to
To achieve fully market-oriented operations, the standalone energy storage station engages in electricity spot market transactions and provides auxiliary services such as peak shaving and frequency regulation for the electricity market.
When complete in 2026, this 220-megawatt battery energy storage center at the site of DTE''s retired Trenton Channel coal power plant is expected to be the largest standalone battery energy storage project in the
It can be the case that a project has a high ROI but very little overall savings and earnings. A large overall savings and thus earnings will result in a lower ROI than a pure solar investment.
Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, CI V, and EDF power solutions North America, today announced that CIP has acquired full
EIP Storage is an energy storage project developer with a focus on stand-alone project development that meets the needs of an evolving electricity grid. We develop utility-scale energy storage projects from advanced market analysis
Energy storage is coming on strong now. It''s the key to turning intermittent wind and solar into a stable energy source," explain Pål Runde, Head of Battery Norway. An early adopter of
As such, we''re providing this "Cheat Sheet for Energy Storage Finance" based on our work as buy-side and sell-side investment bankers experienced in both energy storage venture capital and project finance. I''m also including some
Energy storage systems (ESS) play a crucial role in smoothening out this intermittency and enabling a continuous supply of energy when needed. Thus, for sustainable renewable energy
DTE expects to execute contracts for projects in its latest energy storage procurement by the first quarter of 2026, it said March 12, 2025. Young777 via Getty Images
Dubai-based developer Amea Power has agreed to build a 1 GW solar plant with a 600 MWh battery energy storage system (BESS) and an additional 300 MWh BESS.
The Minnesota Public Utilities Commission on Aug. 14 approved a site permit for the Snowshoe Energy Storage Project, a 150-megawatt stand-alone battery storage facility
The European Market Outlook for Battery Storage 2025–2029 analyses the state of battery energy storage systems (BESS) across Europe, based on data up to 2024 and
Similar to the previous Energy Only and Capacity Only alternative cases, when we limited the market participation for standalone battery storage to energy markets, we project that natural
Battery storage. In 2025, capacity growth from battery storage could set a record as we expect 18.2 GW of utility-scale battery storage to be added to the grid. U.S. battery storage already
To assess the impacts of these developments on investment and deal flow, the American Council on Renewable Energy (ACORE) surveyed companies that actively develop or finance U.S.
Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability. These are impressive records. Even so, stationary energy storage is beginning to steal the limelight.
Today Norway has not one, but two huge battery markets. “There are two market drivers for batteries: EVs and stationary energy storage. Energy storage is coming on strong now. It’s the key to turning intermittent wind and solar into a stable energy source,” explains Pål Runde, Head of Battery Norway.
Å Energi has acquired a majority stake in the Isokangas energy storage project near Oulu. The 50 megawatt/1hour energy storage facility to be completed in 2026 is a significant milestone in strengthening the flexibility of the Nordic electricity grid and the security of energy supply. 04. June 2025
batteries for stationary energy storage - a market expected to reach EUR 57 billion by 2030. Now, a more mature Norwegian battery industry has greater potential to accelerate the renewable energy transition in Europe. Today Norway has not one, but two huge battery markets.
“Finland is a promising market for energy storage projects, being well set up for ancillary services and with growth forecast in the wholesale electricity market. This makes the country ideal for Å Energi to expand its energy storage portfolio”, says Atle Knudsen.
In April 2020, the Norwegian Ministry of Energy granted Norsk Hydro a concession to develop the Illvatn pumped storage power plant. An application for a plan change is being processed by the Norwegian Water Resources and Energy Directorate (NVE).
