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Technologies
World’s largest compressed air energy storage project breaks ground in China Once completed, the Jintan project will hold the title of the world’s largest compressed air energy storage facility, integrating groundbreaking advancements in both power output and efficiency.
Vincent Shaw
Dec 20, 2024
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Grid-scale
Australian utility-scale battery deployment surges past solar, wind – falls short of requirements Big BESS is booming Down Under, with almost 5 GW of projects under construction in 2024, according Rystad Energy. While encouraging, the analyst reports that the volume remains insufficient to overcome growing rates of renewable curtailment. “We have around 3 GW operational at the moment, but about half of that is still in commissioning. So you still only have 1.5 GW on the market where the average load is 23 GW,” Rystad Energy’s David Dixon tells ESS News.
Jonathan Gifford
Dec 20, 2024
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Second-life batteries
Boralex plans li-ion and vanadium flow hybrid in France, Acciona colocates new and second-life EV batteries in Spain Canada's Boralex will combine two battery types at an innovative site in France and Acciona Energía will study the performance of new, versus second-life, electric vehicle (EV) batteries at a stationary storage site in Badajoz, Spain.
Pilar Sanchez Molina
Dec 20, 2024
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Grid-scale
Colombia’s first solar energy storage system operational Energy company Celsia has installed the 1 MW/2 MWh system at the Celsia Solar Palmira 2 PV farm in Valle del Cauca.
Luis Ini
Dec 20, 2024
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Projects & Applications
Spain plans first capacity market auctions for summer 2025 The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has opened consultation about a capacity mechanism to ensure security of electricity grid supply. The resulting capacity market would be expected to be operational in 2026.
Pilar Sanchez Molina
Dec 19, 2024
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Finance
Grenergy sells stake in Chile’s Oasis de Atacama project for close to billion dollars The portfolio sold to independent power producer (IPP) ContourGlobal includes 451 MW of solar and 2.5 GWh of storage.
Luis Ini
Dec 19, 2024
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Grid-scale
Enel to retrofit battery storage at century-old pumped hydro storage plant The EU-backed battery energy storage system (BESS) will function as an additional energy reservoir, ensuring uninterrupted supply from the century-old facility in Italy's Bergamo province.
Pilar Sanchez Molina
Dec 19, 2024

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Projects & Applications
China’s largest electrochemical storage facility achieves grid connection The 270 MW/1,080 MWh project in Qinghai Province, Northwestern China, features a mixture of lithium iron phosphate and zinc bromine battery storage systems.
Vincent Shaw
Aug 19, 2024
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Grid-scale
Sage Geosystems begins construction of 3 MW geothermal storage facility for Texan grid Company draws on oil and gas drilling technology to get renewable energy from dry rock formations.
Michael Puttré
Aug 19, 2024
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Grid-scale
Acen Australia secures state approval for 1.2 GW solar, battery project The developer's plans for a 600 MW solar farm and 600 MW/1.2 GWh battery energy storage system in central-west New South Wales have received a major boost with the state’s Independent Planning Commission giving its tick of approval.
David Carroll
Aug 19, 2024
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Fluence Gridstack
Grid-scale
India’s renewable energy storage capacity to rise by 6 GW by 2028 Ratings agency Crisil expects India’s renewable energy storage capacity to surge by 6 GW by fiscal 2028, driven by a healthy pipeline.
Uma Gupta
Aug 19, 2024
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Large battery storage field
Grid-scale
Form Energy iron-air battery in Maine granted $147 million The US Department of Energy is supporting Power Up New England with $389 million of federal funding. As part of the Power Up New England program, Form Energy is to deploy an 85 MW/8500 MWh multi-day battery system in Lincoln, Maine.
Carrie Hampel
Aug 16, 2024
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Revenue streams
Atlas Renewable garners $289 million for battery energy storage in Chile Financing for the battery energy storage system (BESS) del Desierto project in Chile involves agreements with BNP Paribas and Crédit Agricole CIB with a $219 million loan and US$70 million in other credit lines. The fresh capital should finance the construction of the 200 MW / 800 MWh system, located in the commune of María Elena, Antofagasta region.
Luis Ini
Aug 15, 2024
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Fluence Gridstack
Policy
India expected to add around 6 GW of renewable energy storage by 2028 Indian research, risk and policy advisory services company CRISIL Limited has predicted that around 6 GW of renewable energy storage will be added in India by the 2028 fiscal year.
Carrie Hampel
Aug 15, 2024
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Markets
Energy storage installations rise 61% this year While battery manufacturers have faced tough times in 2024, the sun is shining on the stationary storage market, finds BloombergNEF.
Tristan Rayner
Aug 14, 2024
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Projects & Applications
AGL buys up battery energy storage specialist Firm Power, adding 6.1 GW to pipeline Australian energy giant AGL has added a development pipeline of more than 6 GW of large-scale battery energy storage projects to its portfolio, via two major acquisitions.
Tristan Rayner
Aug 14, 2024
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