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Top German court rules grid connection payments for battery storage projects are permissible
Big batteries must now pay this construction cost fee when requested by a distribution network operator. The court says that’s fair because it works to prevent the wider system from overbuilding, and pushing excess costs onto everyday electricity users.
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BESS in Italy: Huge growth market faces CE mark deadline
An interview with Roberto Romita from Sparq, a European manufacturer of energy storage systems, about the industrial battery market in the country and upcoming regulation shifts. Italy has become Europe's second largest storage market until now.
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FRV secures financing for 1 GW solar, battery storage portfolio in Australia
Renewable energy and battery storage developer Fotowatio Renewable Ventures (FRV) says it has raised more than AUD1.2 billion ($785 million) in new debt finance for Australian clean energy assets including its first standalone battery project, planned for Victoria.
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Australian big battery market building towards record year
Australia has firmed as the world’s fourth-largest market for utility-scale batteries with new data from research consultancy Rystad Energy revealing that almost 3 GW/8 GWh of battery energy storage projects have started construction in the first seven months of 2024.

esVolta secures financing for 980 MWh Texas standalone battery storage portfolio
The Electric Reliability Council of Texas (ERCOT) grid has been a particularly fertile ground for standalone battery energy storage systems as they continue to earn significantly more than systems collocated with renewable energy plants.

India can leverage its solar and storage edge to avoid power shortages
Large-scale solar-plus-storage is the main option left to avoid power shortages as such systems can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar-plus-storage auction results, with a record low price of INR 3.40 ($0.04)/kWh, show that such deployment will be highly economical, according to a new study from the University of California’s India Energy and Climate Center.
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