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CIP partially divests 1 GWh BESS to Scottish state bank, nuclear decommissioning fund
Scottish government investment vehicle and nuclear decommissioning fund take a stake in utility-scale BESS project. The transmission-connected BESS is expected to come online in 2028 and has already secured state-backed and private sector contracted revenue.
Rolls Royce signs 490 MWh Latvia BESS deal as Sunly cites cybersecurity rules
Strict cybersecurity requirements meant a European partner was crucial, according to Sunly CEO. Deal means Rolls-Royce Power Systems has contracts to supply 1.5 GWh of battery energy storage system (BESS) capacity to the Baltic states.
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Operational issues hit returns in one in five battery storage projects, report finds
A recent report from battery intelligence firm Accure reveals that while most battery energy storage systems (BESS) operate reliably, nearly 19% of projects experience reduced returns due to technical issues and unplanned downtime.
Germany solar industry association pushes for binding 2030 target of 100 GWh of battery storage
Today's installed capacity would have to quadruple over the next five years to attain that goal. The association has also made recommendations on how storage expansion can be accelerated and can support the energy system.
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