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Philippine regulator fast-tracks battery reserve deal for Visayas grid
Philippine regulators have provisionally approved a five-year contract for a 44.72 MW battery in Cebu to supply firm reserves to the Visayas grid at PHP 5.28/kWh, well below recent reserve market prices, after more than 120 supply alerts this year.
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Italy, Great Britain and Germany most attractive battery markets in Europe, Aurora reports
Ambitious capacity targets and diverse revenue opportunities support case for battery energy storage system (BESS) investment in key European markets, new report from Aurora Energy Research finds. The fourth edition battery markets report also predicts Europe’s grid-scale BESS fleet will reach 55 GW by 2030.
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Brazil installed 269 MWh of energy storage in 2024, Pará the most attractive state
Consultancy Greener has estimated the state of Pará offers the most potential for battery rollout because of its high energy tariff. A report issued by the consultant also highlighted the big savings agribusiness could make by using batteries instead of diesel.
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Pexapark: European BESS marketplace maturing as sophisticated contracts go mainstream
Utility-scale batteries are beginning to “flatten” the renewable energy production curve in parts of Europe, enabled by financial structures such as tolling and floor contracts, reports Power Purchase Agreement (PPA) advisory Pexapark. The Swiss company acquired RenewaFi this week, gaining a foothold in the U.S. marketplace.
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