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BW ESS, Penso Power and Shell sign seven-year fixed-price deal for 330 MWh BESS asset in the UK
Long-duration tolling agreement will see Shell Energy Europe trade a 100 MW/330 MWh battery energy storage system (BESS) in Great Britain, scheduled for commissioning in late 2024. The fixed-price deal comes at a time of reduced revenues for batteries trading in Great Britain’s electricity wholesale markets.
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Liquid metal battery storage specialist Ambri emerges from restructuring
After filing for Chapter 11 bankruptcy protection, the US-based calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.
Aug 02, 2024

FRV secures financing for 1 GW solar, battery storage portfolio in Australia
Renewable energy and battery storage developer Fotowatio Renewable Ventures (FRV) says it has raised more than AUD1.2 billion ($785 million) in new debt finance for Australian clean energy assets including its first standalone battery project, planned for Victoria.
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Enlight secures financing for 1.2 GWh of collocated battery storage in New Mexico
Israeli independent power producer Enlight has closed financing for the energy storage part of its planned Atrisco solar and storage project, to be located outside Albuquerque, New Mexico. Atrisco combines 1.2 GWh of battery storage with 364 MW of solar generation capacity.

Spain unveils €2.3 billion support for renewables, energy storage manufacturing
The country’s ecological transition ministry has published the regulatory bases of aid to large hydrogen clusters, industrial capacities in solar, wind energy, heat pumps, batteries and electrolysers; innovative renewable energy, storage and heat pump projects; and energy communities.

California state grant advances 2 GWh iron flow battery deployment plans
The Sacramento Municipal Utility District's long-duration battery energy storage project in partnership with ESS Tech, Inc. has been awarded a $10 million grant from the California Energy Commission to demonstrate the capability of iron flow battery technology.
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