The potential revenues of battery energy storage systems (BESS) in Spain increased between 1% and 6% in August compared to July, according to the monthly analysis by the French consultancy Clean Horizon. This would imply a range of €482,000–€506,000/MW/year for…
We recently caught up with Georg Gallmetzer, managing director of German BESS platform Eco Stor, about the firm’s role in formulating flexible connection agreements (FCAs) and how this was intimately tied to the debate on grid fees.
I’ve seen two total solar eclipses and have been duly impressed by what happens as the moon casts its shadow on Earth. But recently I’ve become even more intrigued by a similar phenomenon that doesn’t involve the sun or the…
Regulators in China’s Zhejiang province have opened the provincial electricity spot market to independent grid-side batteries, with a move to price-and-quantity bidding planned for 2027. Zhejiang will let independent grid-side storage projects trade in its electricity spot market under a…
Energy technology venture capital firm Energy Revolution Ventures (ERV) announced the first close of ERV Fund II, its second fund focused on early-stage electrification technologies. ERV said that it is targeting $50 million for the new fund, which would surpass…
Market research firm Wood Mackenzie stated that data centre buildout is uplifting the US battery energy storage system (BESS) outlook across all segments.
Chinese manufacturer DoGo Power has launched two new grid-forming battery energy storage products, one aimed at larger C&I applications and one at utility-scale projects, alongside an AI-based software toolkit. The launch took place in Shanghai on Sept. 22. On the…
Global agriculture supply chain and processing company ADM announced plans to enter the voluntary carbon dioxide removal market with credits generated from carbon capture operations at the company’s corn processing complex in Columbus, Nebraska. The company said that the Columbus…
Governance solutions and proxy voting services company Glass Lewis and sustainability data and analytics provider Clarity AI announced a business combination on Thursday, in a transaction aimed at bringing together a platform spanning investment decision-making and stewardship. Notably, the merger…
Finnish fund manager Taaleri Energia and Baltic private equity firm KJK Capital have invested in a 2.2-hour battery in southern Estonia that one of the backers says will be the largest in the Nordic and Baltic region. Taaleri Energia’s SolarWind…