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India to reach 346 GWh of installed battery energy storage capacity by 2033
A new whitepaper projects India’s cumulative installed battery energy storage capacity to soar to 346 GWh by 2033, from currently less than 1 GWh. The report says the market is witnessing explosive growth, with a record 92 GWh of battery energy storage system (BESS) projects in the pipeline now.
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Poland’s new capacity market auction could hamper BESS
The draft parameters for this year’s capacity market auction in Poland could make the rollout of battery energy storage systems (BESS) much more difficult. The document proposes a significant reduction to the BESS derating factor that could be particularly harmful for longer duration storage systems.
Australia’s NSW opens largest energy storage tender in history
The Australian state of New South Wales (NSW) has made history, opening two significant tenders for projects of up to 1 GW of new, long-duration energy storage projects, and up to 3.98 GW of access rights to the South West Renewable Energy Zone.
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