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Ireland needs 92 GW of LDES to integrate renewable generation, reduce household energy costs
Long duration energy storage capacity combined with better system flexibility and low-cost electrification uptake could reduce Irish home energy costs by 20% by 2035, according to Aurora Energy Research. Adding sufficient LDES would require government offtake floors, however.
CIP reaches financial close on co-located solar project with 750 MWh battery in Mexico
Construction underway at grid-scale project with commissioning expected in 2028. The solar and battery energy storage system (BESS) project in Mexico represents a first for Copenhagen Infrastructure Partners‘ Growth Markets Fund II.
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Battery storage deployment in Canada kicks into gear
The deployment of battery energy storage systems (BESS) in Canada is picking up the pace, with the announcement of a 705 MWh battery storage system delivery to Nova Scotia by Canadian Solar's e-STORAGE and various other projects in provinces across the country. However, this surge cannot come quickly enough says Energy Storage Canada.
FRV Australia´s first hybrid PV-Battery Storage project is operative
Fotowatio Renewable Ventures (FRV) Australia, a leading developer of sustainable energy solutions, and part of Jameel Energy and the Canadian infrastructure fund OMERS, has announced its first hybrid project in Dalby, a town in Queensland, Australia. This facility consists of a 2.45 MWdc solar photovoltaic (PV) and 2.54 MW/5MWh battery energy storage system (BESS).
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Czech group MTX, Aquila Capital build 370 MW wind, 360 MW solar, 350 MW BESS hybrid project in Spain
The investment in the Mimosa project, located near Baza, a town in the province of Granada in Andalusia, southern Spain, exceeds one billion euros. The consortium has invested five years in the project development, and its completion is slated for 2027.
Sosteneo, Enel finalize partnership for 1.7 GW battery storage rollout in Italy
The Generali Group company has signed an agreement to acquire a minority share of Enel Libra Flexsys, which aims to roll out 1.7 GW of battery energy storage projects in Italy. "Revenues are fully contracted for 15 years through capacity agreements with Enel as well as capacity payments from Enel that are backed by Terna, Italy’s transmission system operator,” Sosteneo says.
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