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The rise of bankable BESS projects in Europe
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market volatility, not all projects are equally viable. At ABO Energy, we're witnessing a shift in the investment landscape, where preparedness is the key to success.
Brazilian capacity reserve auction suspension makes batteries even more urgent
With the Ministry of Mines and Energy (MME) revoking ordinances for a thermal and hydro tender planned for June, the need for a touted battery-specific exercise, in the second half of the year, has become even more urgent, according to PV body Absolar.
Visit us at Intersolar Europe
We are participating in Intersolar 2025 again this year!
Visit us at our Booth Hall 2 A2.250 to discuss the latest trends within the photovoltaic industry with the pv magazine team.
May 07-09, 2025 | Munich, Germany
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Polish capacity market auction for 2029 catalyzes gigawatts of battery storage projects
The much anticipated capacity market auction for 2029 conducted by Polskie Sieci Elektroenergetyczne (PSE) ended in the seventh round with a price of PLN 264.90/kW/year ($65/kW/year). Such a clearing price rendered gas projects uneconomical and left significant room for battery storage systems to secure contracts.
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Reliance lands 1.86 GWh battery storage in Indian solar-plus-storage tender
Reliance NU Suntech will develop the solar-plus-storage capacity on a build, own, operate basis. The project will supply electricity under a 25-year power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI).
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BVES Investor Summit: “Making money with BESS is easier than ever”
The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
TBEA expects 3 GWh demand for storage projects in Brazil’s 2025 capacity auction
The Chinese electrical equipment company estimates battery market potential of 5 GWh through 2027, worth BRL $7.5 billion ($1.26 billion). TBEA sales manager Daniel Lyrio tells pv magazine which variables can make projects competitive.
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