Author
Brian Publicover
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Articles written by Brian Publicover
Battery retrofits earn on market revenues beyond curtailed energy
When curtailment rates drive the case for co-located battery storage, developers and lenders may be building their business case around the wrong number – undervaluing storage in markets where negative electricity prices are making grid-charging the real revenue engine.
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Grenergy signs PPA for fifth phase of solar-plus-storage site in Chile
Grenergy has locked in a 12-year offtake contract for the fifth phase of its Oasis de Atacama platform in Chile, adding another power purchase agreement (PPA) to a hybrid solar-and-storage buildout that has now secured more than $1.2 billion in project financing across its first four phases.
MIT team develops room-temperature lithium process from spodumene
A low-temperature process that dissolves spodumene ore with a common industrial reagent and recovers lithium, aluminum, and silica streams in a closed loop could cut hard-rock lithium extraction costs by roughly half, say MIT researchers.
Longer-duration BESS finds footing in Germany’s toll market
BlackRock‑backed developer Akaysha Energy says lenders require 60% to 80% contracted revenue before committing project debt to utility‑scale battery energy storage system (BESS) projects in Germany – a threshold that structured offtake products borrowed from its home market can meet.
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Europe: AccelerateEU supports a 200 GW storage target, but omits financing mechanism
The European Commission’s AccelerateEU energy crisis plan endorses a 200 GW battery storage target for 2030 but proposes no dedicated financing mechanism to reach it, according to SolarPower Europe (SPE), which is calling for a separate EU-wide auction funded by emissions trading revenues.
Inside the financing of Egypt’s largest solar‑plus‑storage project
Norwegian developer Scatec ASA has commissioned the first phase of the 1.1 GW Obelisk solar and battery energy storage system (BESS) project in Egypt, backed by $479.1 million in development finance institution (DFI) debt and a fully contracted storage revenue model.
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