Spain launches capacity market via auctions, with key rules that support energy storage

Spain will introduce a capacity market for the peninsular electricity system, creating a new revenue mechanism for battery storage, generation and demand-side resources while the government increases planned electricity grid investment through 2030 to more than €17 billion. The Ministry…

Read MoreSpain launches capacity market via auctions, with key rules that support energy storage

Covenergo and Delta Capacity break ground on 125 MW / 300 MWh Finnish big battery

Construction has started on a 125 MW / 300 MWh standalone battery energy storage system (BESS) in Lapinlahti, central Finland. The project is said to be a partnership between European renewable infrastructure developer Covenergo and Swiss storage developer-operator Delta Capacity,…

Read MoreCovenergo and Delta Capacity break ground on 125 MW / 300 MWh Finnish big battery

Jupiter Power secures $1.4 billion in financing for 1.5 GW energy storage portfolio

Jupiter Power has secured $1.4 billion in project financing across four separate transactions, supporting ten utility-scale battery energy storage system projects totaling 1.5 GW / 3.6 GWh of capacity across Texas and Michigan. The transactions, which closed between April and July 2026,…

Read MoreJupiter Power secures $1.4 billion in financing for 1.5 GW energy storage portfolio