ARERA’s new resolution on MACSE raises the maximum premium to €27,000/MWh/year for the auction with a 2029 delivery year, exceeding the level proposed during consultation. But beyond the new premium, broader questions remain: annual updates to technology parameters, the availability…
TagEnergy has inaugurated a 240 MW/480 MWh battery energy storage system (BESS) at Cernay-lès-Reims in northeastern France, making it the country’s largest operational battery storage project. The project, inaugurated on Oct. 1 after four months of operation, is TagEnergy’s first…
EDF Power Solutions Australia has referred a wind-plus-storage project featuring an 800MWh BESS for assessment under Australia’s EPBC Act.
e-STORAGE has signed an agreement to supply and commission a 100MW/200MWh BESS for OX2’s Muswellbrook solar-plus-storage site in Australia.
Atmos Renewables has reached financial close on the 400MW/1,600MWh Teebar battery energy storage system (BESS) in Queensland, Australia.
Google and energy producer Constellation Energy announced a series of new agreements, including a 20-year power purchase agreement (PPA) enabling investments of more than $4.3 billion, and adding 890 MW of new nuclear energy to the U.S.’ PJM grid. The deal…
Fusion energy technology startup Type One Energy announced today that it has raised $200 million in a Series B funding round, with proceeds aimed at advancing the company’s stellarator technology and advancing towards the world’s first commercial fusion plant. Fusion,…
After Chinese manufacturer Hithium launched its new 4 MWh sodium-ion BESS alongside its new 785Ah cell for energy storage, in response to questions, Leb Lan, senior product manager, Hithium, spoke with ESS News to discuss not only the technology developments…
MUFG Bank announced today the launch of its Green Deposits offering in the EU, aimed at enabling corporate clients to allocate funds to environmentally sustainable projects. Introduced in the U.S. in 2021, and in the UK in 2023, MUFG’s Green…
Poland’s Ministry of Climate and Environment has announced a $257.9 million (PLN 1 billion) subsidy scheme for home battery and heat storage, aimed at increasing self-consumption from residential solar and other renewable energy installations. The program is open to individuals…