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Germany’s Green Flexibility secures up to EUR 400m equity finance for grid-scale batteries
Swiss private equity firm Partners Group will invest in the German battery energy storage specialist. Green Flexibility said the backing, plus other borrowing, will finance more than EUR 1 billion ($1.03 billion) worth of projects.
Prevalon bags 800 MWh project from Idaho Power, Westbridge announces five standalone projects in Alberta, Plenitude takes stake in 368 MWh of colocated storage in California
From big supply deals to new project announcements and acqusitions, grid-scale battery energy storage in North America is going from strength to strength.
California vs. Texas: A comparison of battery energy storage market participation
California and Texas stand out as national leaders in existing and planned battery energy storage system (BESS) capacity. While both states share the goal of integrating renewable energy and stabilizing their grids, their networks have utilized BESS in distinct ways, reflecting their different market structures. This article describes some key differences between the electricity independent system operators (ISOs) that impact how battery owners operate and dispatch their BESS.
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World’s largest compressed air energy storage facility commences full operation in China
A 300 MW compressed air energy storage (CAES) power station utilizing two underground salt caverns in central China's Hubei Province was successfully connected to the grid at full capacity, making it the largest operating project of the kind in the world.
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