Germany sets September date for first capacity market auction
Germany will have its first capacity market (CM) auction in September this year, following confirmation from the country’s energy regulator.
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BlackRock, Temasek’s Decarbonization Partners Leads $87 Million Round in Sustainability Solutions Provider Asuene
Tokyo-based sustainability solutions platform Asuene announced that it has raised $87 million in a Series D funding round led by BlackRock and Temasek’ joint venture, Decarbonization Partners, with proceeds from the financing aimed at supporting the company’s position as a…
Enervenue unveils 150 kWh nickel-hydrogen battery
US-headquartered metal-hydrogen battery manufacturer Enervenue has launched its Energy Rack, a plug-and-play DC storage block designed for utility-scale and commercial energy storage projects with expected lifetimes of 20 to 30 years. The company said the new system is based on its Aqueous…
Analysis: Recent AI data centre BESS technology and deployment partnerships
BESS has huge potential to be deployed alongside AI data centres, but how are industry players positioning themselves to capture this opportunity?
‘Growing interest’ in US microgrids attracts tax equity investor Foss & Company to US$30 million Maryland deal
ESN Premium speaks with Bryen Alperin and Sophie Brkovic of Foss & Company about the tax equity investor’s entrance into microgrids.
ON.Energy and Crusoe partner on UPS technology for US data centres, Skeleton Tech in 800 VDC partnership with DG Matrix
System integrator and project developer ON.Energy and AI data centre infrastructure developer Crusoe have partnered to deploy 5GW of uninterruptible power supply (UPS) technology across multiple US hyperscale campuses.
Spain and Portugal back 3.5GW of new pumped hydro energy storage capacity
Spain has awarded €165 million to seven pumped hydro storage projects totalling around 2.1GW/21GWh, while Portugal has set a target of 1.4GW of new pumped hydro capacity by 2040.
Tesla’s energy division gross margin declines 19% despite battery storage deployment rebound
Tesla’s energy storage deployments rebounded in the second quarter of this year, but factors, including a decline in ASPs, had a significant impact on the company’s energy division’s gross margins.
R.Power moves two Polish BESS projects into construction
Independent power producer (IPP) R.Power has signed EPC contracts for two utility-scale battery storage projects in Poland: a 300 MW/1,200 MWh system in Dzięgielewo and a 250 MW/1,000 MWh system in Gdańsk. The company said both are four-hour battery energy…
Brookfield Acquires Battery Storage Giant Aypa from BlackStone
Brookfield Asset Management announced today an agreement to acquire Aypa Power, the largest standalone battery storage developer in North America, from Blackstone, in a deal valuing the company at an enterprise valuation of $7 billion. Founded in 2017, Aypa Power develops,…