BSES Rajdhani Power''s new 20 MW/ 40 MWh project is India''s first utility-scale, standalone battery energy storage system to secure regulatory approval under Section 63 of the Indian
The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026. The second phase of 564 MW solar in the second half of 2026.
The Vancouver-based renewable energy rm—which has projects in the USA, Mexico, and Canada—is developing the El 24, a 103 MW wind farm in the state of Tamaulipas, and the 400
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
Developer Quartux and global inverter and energy storage technology firm Sungrow have completed a 25MWh project in Mexico, one of its largest.
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
In addition, the storage system can be co-located with a generation system (majority solar). This is increasingly the case in CAISO, where half of planned capacity additions are co-located projects.
Mexico should also focus on funding demonstration projects of well-proven technologies and introducing financial incentives to accelerate investments in energy storage.
Today, Plus Power announced that its 150 MW / 600 MWh Corazon Energy Storage project was awarded a 20-year contract by Public Service Company of New Mexico (PNM), subject to regulatory approvals, in response to the utility''s
While lenders may need to undertake additional diligence before financing an energy storage project, the project finance market for energy storage has and is continuing to grow alongside the rapid transition to less carbon
While supportive policies exist, access to financing remains a hurdle for many projects, particularly smaller-scale installations. Lack of awareness about the benefits and
An Aypa Power battery storage project. Image: Aypa Power. Developer-operator Aypa Power has closed a US$190 million financing for the 200MW/400MWh Bypass BESS project. Located near Houston, in Fort Bend
Both projects are expected to be completed by 2026. The contracts for engineering, procurement, and construction of these storage units have been awarded to GEDI China Energy, a subsidiary of China Energy
5 天之前· ContourGlobal''s planned renewable capacity in the United States includes an additional 1 GW of solar PV and 0.3 GW of battery energy storage system (BESS) projects at
However, challenges remain in securing financing, navigating regulatory processes and optimizing storage revenue streams. Market participants must engage with
First Citizens Bank Leads $133MM Financing for Cypress Creek Renewables Battery Storage Project in Texas First Citizens Bank''s Energy Finance division arranged $133
Solar PV developer Atlas Renewable Energy has secured US$510 million in financing for a solar-plus-storage project in Antofagasta, Chile.
Nevertheless, we expect greater investment in battery storage facilities, alongside renewable energy projects, across the country to help Mexico develop its storage capabilities substantially to achieve greater energy security.
In brief On 29 November 2024, the Ministry of Energy Transition and Water Transformation (" PETRA ") announced the opening of the bidding process for the development of battery energy storage system project (BESS Project). The
The Project Economic Model—also known as the Project Financial Model—provides a structured framework for the integrated economic valuation of an energy storage project.
In autumn 2024 two draft regulations were published regarding state aid for large-scale electricity storage systems (BESS), one from the Modernisation Fund ("MF ") 1 - and the second under the National Recovery
These rules outline the process and rules for integrating storage systems with different types of facilities, including power plants, behind-the-meter installations, load centers
More than $600m for four US utility-scale batteries Recurrent Energy, Jupiter Power and Peregrine Energy Solutions have secured finance for a cumulative 550 MW of utility
A state-owned solar-plus-storage project being developed in Mexico firmly establishes the shift in government thinking on energy storage, a local battery storage firm told Energy-Storage.news.
Image: Cypress Creek Renewables Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system
Plus Power''s Strategic Move in Energy Storage The recent contract awarded to Plus Power for its 150 MW / 600 MWh Corazon Energy Storage project marks a significant step
The Goldman Sachs-backed developer has acquired 450 MW/1.5 GWh of battery energy storage system (BESS) capacity across three US projects since mid January.
As reported by Energy-Storage.news in July, Enlight closed financing for the 1.2GWh battery energy storage system (BESS) portion of the project, located in Albuquerque, New Mexico, US. Atrisco is the largest project
Mufasa stands out as the largest utility-scale battery storage project in the Netherlands to be fully financed with over EUR 350 million in non-recourse project financing. This milestone demonstrates the confidence that
The project was procured via the utility''s 2026-2028 Generation Resources Request for Proposals, which was issued in 2022 in a bid to meet growing energy demand in
The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026. The second phase of 564
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
Many businesses adopt energy storage, but hurdles such as transmission rates and market limitations hinder cost-effective deployment. The text emphasises the global
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
Mexico must set a legal definition of energy storage and clear market regulations. As a late mover, Mexico can select projects with less technological uncertainty. Procurement targets accelerate the formation of a storage market in the short term. Financial incentives are necessary to accelerate investment in energy storage.
However, we expect Mexico to develop its energy storage technologies significantly over the next decade, as well as its lithium mining industry, as it increases its renewable energy capacity as part of a global green energy transition.
The Mexican government recently issued general guidance to regulate energy storage systems. These rules outline the process and rules for integrating storage systems with different types of facilities, including power plants, behind-the-meter installations, load centers and distributed generation projects.
Mexico Energy storage was first included as part of Mexico's long-term policies in the Transition Strategy to Promote the Use of Cleaner Technologies and Fuels published by SENER in 2016.
The roadmap suggests developing regulations and promoting research, development and demonstration (RD&D) projects , but these proposals have not yet been adopted as a formal policy guideline. Nevertheless, Mexico is expected to start energy storage RD&D projects in the next years.
If energy storage deployment is considered a priority in the following years, Mexico could accelerate investments through a mix of storage procurement targets and financial incentives. A strong storage market can also be built over time by offering rebates, loans, investment grants, tax credits or other financial incentives.
