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The rise of bankable BESS projects in Europe
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market volatility, not all projects are equally viable. At ABO Energy, we're witnessing a shift in the investment landscape, where preparedness is the key to success.
Germany’s 50Hertz opens up reactive power market to renewables, battery storage
With regulator the Federal Network Agency requiring grid companies to tender for the provision of the reactive power needed to maintain network voltage, electricity transmission system operator (TSO) 50Hertz has stolen a lead on its rivals.
Tesvolt launches new C&I battery storage system with 15 year performance guarantee
With two cycles per day, the Forton can be loaded without voiding its 15-year performance guarantee. That opens the possibility of trading on the electricity market, enabling companies to recoup their investment more quickly.
Mar 26, 2025
Visit us at Intersolar Europe
We are participating in Intersolar 2025 again this year!
Visit us at our Booth Hall 2 A2.250 to discuss the latest trends within the photovoltaic industry with the pv magazine team.
May 07-09, 2025 | Munich, Germany
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All Revenue streams news
Interview with Trina Storage: We expect consolidation in the coming years
In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
In Conversation: ‘Good time to be battery storage developer’
At Intersolar Europe 2024, ESS News spoke with George Hilton, research and analysis manager at S&P Global, about the state of play in the battery energy storage supply chain and falling prices. According to Hilton, the overcapacity at every level of the supply chain has led to prices that are no longer sustainable for many market players. Meanwhile, technological innovation has led to an unprecedented variety of battery storage technologies on offer, and for a great number of markets the right time to jump in is now.
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Arizona’s largest energy storage project closes $513 million in financing
In the USA, the 1,200 MWh Papago Storage project will dispatch enough power to serve 244,000 homes for four hours a day with the e-Storage SolBank high-cycle lithium-ferro-phosphate battery energy storage solution. Recurrent Energy, a subsidiary of Canadian Solar Inc. has secured $513 million in project financing for its Papago Storage project located in Maricopa County, Arizona.
Australian vehicle-to-grid trial gets $3.2 million boost
Amber Electric has received a $3.2 million (USD 2.3 million) grant from the Australian Renewable Energy Agency (ARENA) toward their $7.7 million electric vehicle (EV) smart charging and bi-directional vehicle-to-grid (V2G) software solution trial. One thousand customers across Australia will participate in the trial over the next two years with the V2G scope expected to begin in mid-2025.
BESS, deep learning simulations: decrease in wholesale price variability
Donato Leo is the author of a study on the relationship between photovoltaics, batteries and wholesale energy prices in Italy. Leo's deep learning simulations suggest changes in energy prices as installed battery capacity increases.
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Enpal, Entrix announce Europe’s largest virtual power plant
Under their joint venture Flexa, the two companies want to combine PV systems, home batteries and other decentralized energy resources into a network with a total output of several gigawatts, which will integrate an AI-powered electricity trading platform.
Cornwall backs new FCAS markets to deliver big profits for batteries
“Substantial” profits available in the recently introduced Very Fast Frequency Control Ancillary Services markets will lead to a surge in battery involvement according to new data provided by energy market consultancy and research group Cornwall Insight Australia.
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