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.
Top 10 Energy Storage Investors in Portugal: discover market leaders, buying and selling opportunities, and financing options on PF Nexus.
To this end, the country''s Ministry of Energy announced on Wednesday that it has allocated €99.75 million ($107.6 million) in a bid to support 500 MW of energy storage projects.
On March 3rd, BYD Energy Storage, a subsidiary of BYD, and Greenvolt Power, a subsidiary of Portugal''s Greenvolt Group, signed an agreement to jointly develop two Battery
Portugal set a record for solar deployment in 2024, installing 1.77 GW and surpassing the previous year''s total. The country''s cumulative installed PV capacity now stands
The stage 1 of the Bungama BESS project is expected to reach commercial operations in the first quarter of 2026. Wärtsilä will supply the battery energy storage systems for the project and provide a long-term service
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
The successful projects will together add at least 500 MW of energy storage to the public electricity grid. The call for proposals, which is part of the country''s Recovery and Resilience Plan (RRP), was launched last summer.
A 100 MW / 200 MWh battery energy storage system in Waddinxveen, capable to power 50% of the city of The Hague, is set to go live mid 2026 and has a critical role in
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.
Portugal''s Ministry of Energy has announced that it has allocated EUR 100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025. A total of 79 applications were vying for
The 350MW project, set to be operational in the first half of 2027, will be located in Vlissingen, in the port of Zeeland, a key hub for renewable energy transit in the Netherlands.
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
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
Discover the current state of energy storage investors in North America, learn about buying and selling energy storage projects, and find financing options on PF Nexus.
According to the U.S. Energy Information Administration (EIA), installed utility-scale battery storage capacity surpassed 15 GW in 2024 and is projected to more than double
EDP pointed out the importance of storage systems as a way to ensure the energy transition as the storage of renewable energy offers greater flexibility to the electricity system. Overall, the Portuguese company plans to
Quiver AI Summary N2OFF, Inc., a cleantech company specializing in solar energy, has announced additional debt financing of €600,000 to Solterra Renewable Energy Ltd. to
Equis starts building 500 MWh Tesla battery in Australia after securing merchant debt financing The 250 MW/500 MWh battery energy storage system (BESS) has secured an energy offtake agreement, from
Fire safety equipment installed for the energy storage system or its flame-retardant performance, upon completion of large-scale combustion testing according to CNS/IEC 62933-5-2 Appendix
The deployment of a utility-scale battery system at the Alcoutim solar park represents a new phase in Portugal''s energy evolution. As solar generation continues to grow, so too does the
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
Scatec ASA has reached financial close for the "Obelisk" hybrid solar and battery storage project in Egypt. The 1.1 GW solar plus 100 MW/200 MWh battery energy
Portugal will launch a competitive tender for 750 MVA of battery energy storage before January 2026, as part of a broader €400 million package aimed at improving grid
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
The majority of newly installed large-scale electricity storage systems in recent years utilise lithium-ion chemistries for increased grid resiliency and sustainability. The capacity of lithium
Greenvolt Power, a subsidiary of Portugal''s Greenvolt Group, signed an agreement on March 3 with China''s BYD Energy Storage to develop two battery energy storage system (BESS) projects in Poland with a
The MF programme is providing funding between 2024 - 2028 for the construction of electricity storage facilities with a power rating of not less than 2 MW and a capacity of not less than 4 MWh connected to the grid at
Renewable energy provider SN Aboitiz Power Group (SNAP) broke ground on the second phase of its Magat Battery Energy Storage System (BESS) facility co-located at the Magat hydroelectric power plant in Ramon,
US battery storage developer-operator SMT Energy said on Wednesday that it has secured financing for its 160-MW/320-MWh battery energy storage system (BESS) project
New Delhi | 08 May 2024 — In a significant step forward for India''s energy transition, the Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval of India''s first commercial standalone Battery Energy
Portugal’s Ministry of Energy has announced that it has allocated EUR 100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025. A total of 79 applications were vying for grant support secured under the country’s Recovery and Resilience Plan (RRP).
The Portuguese Ministry of Energy has allocated EUR 100 million ($108 million) for grid flexibility and energy storage projects which should be installed by the end of 2025. Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production.
This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production. On July 31, the ministry announced the allocation of €99.75 million through a call for tenders to install energy storage projects totaling 500 MW.
Portugal’s government has announced the outcome of an energy storage tender that will see the installation of 500 MW of energy storage capacity to support the country’s energy transition. Energy storage battery. Photo by Anna Vasileva
The biggest grant was awarded to Solara4Phase4 to the tune of EUR 16.4 million. A total of 43 projects were selected from 79 applications in Portugal’s 2025 energy storage procurement. This included six projects from Spain’s Iberdrola, which secured nearly EUR 20 million in public funding.
Portugal’s updated energy plan targets 80 per cent renewable electricity by 2026 and 85 per cent by 2030. A total of 43 projects were selected from 79 applications in Portugal’s 2025 energy storage procurement.
