Battery energy storage system (BESS) developer Plus Power announced the close of term financing for the Cranberry Point Energy Storage facility, which will be the second
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.
While the energy storage market continues to rapidly expand, fueled by record-low battery costs and robust policy support, challenges still loom on the horizon—tariffs,
CleanCapital acquires a project portfolio of 40 assets and adds a $145 million investment. Dimension Energy secures a funding package to support 30 community solar projects across seven states. Aypa Power gets
Source: JMK Research Auction Completed In September 2024, about 1200 MW of utility scale solar and 1200 MW of storage capacities were allotted to various RE developers.
In 2024, Rhode Island became the 12th state to establish an energy storage target with a goal of installing 90 MW of energy storage capacity by the end of 2026, 195 MW
Spanning four municipalities across Nueva Ecija and Bulacan, the project will generate 3,500 MWp of solar power complemented by a 4,500 MWhr battery energy storage system. The project will be developed in two
Zenobē has secured its largest battery storage financing to date, with Scottish battery storage assets to exceed 1GW £220 million in long-term debt will fund a new battery storage site in Eccles, Scotland, which has now entered
High energy storage system costs have incentivized companies to accelerate the move toward lower-cost chemistries such as lithium iron phosphate (LFP). More Chinese battery makers are expanding LFP products
The Croatian Recovery and Resilience Plan provides a framework for achieving reforms and investments crucial for Croatia''s faster recovery and its long-term sustainable development. The reforms and investments in the plan will help
Energy Solutions Group (ESG) announced today that it has completed project financing for a 75-MW/300-MWh battery energy storage system (BESS) under construction in
The Ministry of Economy and Sustainable Development in Croatia has issued a EUR60 million (US$66 million) Call for Funds which seeks projects for renewables, energy efficiency and
Resources of the Modernisation Fund are mobilised and released on application of Croatia for specific projects selected by Croatia, thus involving resources under control of Croatia.
Janom Investments is currently advancing the permitting process for a portfolio of solar and wind projects totaling more than 200 MW in Croatia. The company also plans to
It is the world''s first battery storage system to provide full active and reactive power. Zenobe has also invested in a 300 MW/600 MWh Kilmarnock South project in southwest Scotland, which is set to go live in 2026. Other
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
This program represents a significant opportunity for companies looking to invest in modern energy storage solutions, playing a key role in Croatia''s energy transition.
Poland roundup: Statkraft 700 MW BESS portfolio, LGES battery manufacturing, grid-scale battery financing In one of Europe''s most dynamic battery storage markets, both
Fire safety equipment installed for the energy storage system or its flame-retardant performance, upon completion of large-scale combustion testing according to
It will also enable the hybridization of its various operational projects through the addition of wind and battery storage systems. Energy Vault, a utility-scale energy storage
Foreword As part of the U.S. Department of Energy''s (DOE''s) Energy Storage Grand Challenge (ESGC), DOE intends to synthesize and disseminate best-available energy storage data,
The plan allocates €658 million to low-carbon energy transition through modernising energy infrastructure, supporting investments for the production of advanced biofuels and renewable hydrogen and financing innovative carbon
Lessons Learned from Emerging Economies The Supercharging Battery Storage Initiative would like to thank all authors and organizations for their submissions to support this publication. This
The scale of investments in energy storage project finance will continue to dwarf venture capital investments in the sector. It''s also worth noting that non-recourse financing -- i.e., no corporate or personal guarantees
GridStor, a developer and operator of grid-scale battery energy storage systems, announced the acquisition of a 150 MW/300 MWh battery energy storage project in Texas from Balanced Rock Power, a U.S.-based
An energy storage system will soon be installed at the largest solar power plant in Croatia, which has a capacity of 3.5 MW, said ?eljko Tuk?a, President of the Managing Board of Kon?ar -
Traditionally, battery energy storage system (BESS) and other similar projects have been either utility-owned, or underpinned by the existence of one or more long term offtake agreements.
In 2022, the company secured a $47 million loan for the Zier project comprising a 208 MW solar and 40 MW battery energy storage system located in Kinney County, Texas,
The Croatian Recovery and Resilience Plan provides a framework for achieving reforms and investments crucial for Croatia''s faster recovery and its long-term sustainable development.
3 天之前· Proposal Understanding The Massachusetts Department of Energy Resources ("DOER") seeks a firm that can deliver LTCs for mid-duration Energy Storage Projects. Our
The U.S. energy storage market set a Q2 record in 2024, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed.
In 2024, Rhode Island became the 12th state to establish an energy storage target with a goal of installing 90 MW of energy storage capacity by the end of 2026, 195 MW by 2028, and 600 MW by 2033.
Croatia is preparing to buildEastern Europe''s largest energy storage project. IE Energy has secured EUR19.8 million ($20.9 million) to develop a 50 MW storage system,potentially
As part of the project, battery energy storage systems with a total capacity of 10 MW will be installed in various locations across Slovenia. This is enough to meet about 15% of the
Croatia is preparing to build Eastern Europe’s largest energy storage project. IE Energy has secured €19.8 million ($20.9 million) to develop a 50 MW storage system, potentially extendable to 110 MW by 2024.
IE Energy has secured €19.8 million ($20.9 million) to develop a 50 MW storage system, potentially extendable to 110 MW by 2024. IE Energy, a Croatia -based energy storage operator, is set to build a 50 MW storage project, after securing €19.8 million from the Croatian government via state aid from the European Commission.
(14) Croatia explained that, at the moment, the only storage assets in Croatia are two reversible hydropower plants (pumped hydro storage) with total power of 283.5 MW /-264.2 MW owned by HEP Proizvodnja13.
(9) Croatia has implemented Articles 36 and 54 of Directive 2019/944 on common rules for the internal market for electricity6 in the Electricity Market Law (10/2021). This law does not allow TSO and Distribution System Operators (“DSO”) to own and operate storage facilities.
According to point 382(d) of the CEEAG, for support to electricity storage facilities, the Commission will in particular assess the risks of distortion of competition which may arise in related services markets as well as on other energy markets. The Commission notes that battery storage facilities have not yet been installed in Croatia.
The Commission notes that battery storage facilities have not yet been installed in Croatia. Currently, the only storage assets in operation in Croatia are two hydro storage units run by the State-owned dominant market player (HEP group) (see recital (14)).
