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Palisade inks deal to buy 100% tolled Australian big battery project
One of the biggest batteries under construction in South Australia is set to change hands with Australian asset manager Palisade Investment Partners striking a deal to buy the 240 MW / 960 MWh Summerfield project from Copenhagen Infrastructure Partners.
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German battery investment dynamics ‘extremely good’
The potentially faster return on investment at solar sites which have batteries added are attracting German developers and site owners. Janis Schäfer, partner at finance company Pine Valley Capital, shares his perspective on battery bankability and a trend towards "merchant" facilities.
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Finance and construction updates from 2 GWh of US batteries
Spearmint Energy has secured $252 million funding for a battery energy storage system (BESS) in Texas, Trina is supplying a 371 MWh BESS in Houston, EDF has sourced long-term funding for an operational site in California, and Strata and Power Sustainable Energy Infrastructure Inc. (PSEI) have broken ground on a solar-plus-storage project in Arizona.
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Construction starts on first big battery to directly connect to TenneT Netherlands network
Dutch energy storage firm Return has started construction on the 100 MW/200 MWh battery energy storage system in Waddinxveen, which will be the first project of the size to connect to the TenneT Netherlands high-voltage network in 2026. Vattenfall will manage and optimize half of the system’s capacity under an eight-year contract.
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