PJM BESS developers’ struggles to get financing are often due to inaccurate financial modelling, enSights CEO says
Market conditions look favourable, but some developers are finding it difficult to prove their revenue projections will hold up.
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CATL-backed CNTE brings Czech Republic’s largest battery online
The Czech Republic’s largest completed BESS project is now online, serving the European frequency regulation market. Located on a former mining wasteland, the 37.95 MW MWh Modlany BESS features 11 liquid-cooled, 20-foot energy storage containers supplied by CNTE. CNTE is…
Ørsted puts 500MWh Old 300 Texas BESS into operation
Denmark-headquartered multinational energy company Ørsted has put its 250MW/500MWh Old 300 energy storage project in Needville, Texas, US into operation.
Zelestra and Centrica Energy agree toll for 99MW/297MWh Germany BESS
IPP Zelestra has agreed a long-term toll for a 99MW/297MWh BESS project in Germany with the trading arm of UK-based power group Centrica.
Ørsted turns on 500 MWh battery project with co-located solar in Texas
The 250 MW/ 500MWh Old 300 Storage project in Needville, Texas, has reached commercial operations according Ørsted, co-located with a 430 MW solar project. Old 300 Storage is fully integrated into the ERCOT grid and will be operated independently from…
Stackelberg game framework optimizes distributed energy storage allocation
Researchers from China’s State Grid Henan Electric Power Company have proposed a Stackelberg-game-based optimal allocation method for distributed energy storage systems (DESSs). A Stackelberg game is a decision-making model in which one participant – the leader – acts first, while…
US grants $490 million loan for 220 MW of battery capacity in Puerto Rico
The U.S. Department of Energy (DOE) has closed a $489.4 million loan with Dawn Puerto Rico, a subsidiary of Pattern Energy, to fund 220 MW of battery energy storage systems in Puerto Rico. The facility will be located in Arecibo…
Fluence books first big data centre deals, but manufacturing ramp-up delays hit revenues
Manufacturing delays have led Fluence to adjust its fiscal year 2026 guidance, even as the company has logged record quarterly orders and a US$6.4 billion backlog.
Ore Energy Raises $43 Million for Multi-Day Storage Solution Made from Iron, Water and Air
Long-duration energy storage startup Ore Energy announced that it has raised $43 million in a Series A funding round, with proceeds aimed at scaling its iron-air battery technology for multi-day storage of wind and solar energy, to enable fully renewable…
Regulatory debate over Brazil’s battery auction despite strong market interest
There is still uncertainty surrounding Brazil’s battery capacity auction in December, despite strong investor interest which resulted in a record of registered projects. The director general of Brazilian electricity regulator Aneel, Sandoval Feitosa, this week stood against a change in…