Projects & Applications
The global pipeline of energy storage projects is growing rapidly across a variety of market segments, including distributed, grid-scale, off-grid and second-life projects.
From increasing solar self-consumption, reducing consumption peaks, providing flexibility to the electricity system, to deferring costly investments in transmission and distribution infrastructure, the range of applications which energy storage devices can provide is constantly evolving.
To build a robust business case, however, most storage facilities need to provide several services.
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Latest News
Battery storage values reach record highs in ERCOT, Pexapark finds
Despite a significant decline in BESS revenues triggered primarily by the saturation of the anciliary services market, the revenue outlook for battery energy storage systems (BESS) in Texas' ERCOT is positive. Pexapark’s latest Q3 ERCOT Market Update report shows that the energy arbitrage value over the next 10 years has gained as much as 19% year-over-year.
17 hours ago
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Romania: $150 million for storage in municipalities, funding for 500 MWh battery project
Energy Minister Bogdan Ivan has unveiled a new €150 million energy storage program, expected to deliver 385 MW of battery storage projects across Romanian municipalities. Meanwhile, one of the country’s largest standalone battery storage projects has secured financing.
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The role of battery energy storage systems in sustainable data centers
While many data centres have started using solar power as part of their energy sources, they still depend on grid energy because of regulatory issues like discom regulations and banking policies. To enhance the use of green energy and lessen reliance on fossil-fuel-based grid electricity, combining battery energy storage systems (BESS) with hybrid solar and wind power systems is a practical solution.
Jinko rolls out SunTera systems as part of distributed battery program in Australia
JinkoSolar is progressing the installation and commissioning of 28 SunTera energy storage systems that have been deployed across multiple project sites in regional Victoria as part of an 84 MWh distributed battery energy storage program.
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Renewco, Atlantica join hands on 2.2 GW standalone BESS rollout in Spain
The UK-based developer has found an investment partner for its gigawatt-scale battery energy storage system (BESS) pipeline in Spain. The projects would connect to select transmission substations across the country, subject to the forthcoming grid capacity auctions.
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