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India’s NTPC Green Energy wins 320 MWh of battery projects
The renewables division of India's National Thermal Power Company (NTPC), and Opera Energy, were winners in a tender held by the National Hydroelectric Power Corporation (NHPC) for standalone battery energy storage systems (BESS) in the state of Kerala.
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China switches on 1 GW of PV on salt-alkali tidal flats, paired with 400 MWh of energy storage
Huadian Group and PowerChina have activated a 1 GW solar project on salt-alkali tidal flats in China’s Shandong province, paired with 200 MW/400 MWh of storage. The facility features PV modules installed above brine pools.
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MACSE auction: A game changer for Italy’s energy storage sector
With the first auctions for procuring new storage capacity in Italy expected in the second quarter of 2025, Aurora Energy Research has analyzed the internal rate of return for projects supported by the Energy Storage Capacity Procurement Mechanism (MACSE) and found that in certain cases expected returns exceed 9%, providing a high level of revenue security. However, as Aurora’s Maddalena Cerreto tells ESS News, there are also zones where the expected profitability of merchant investments outcomes the MACSE ones.
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