German study sees potential for 60 GW of additional energy storage via smarter use of substations

Significantly more photovoltaic capacity could be connected to substations between medium- and high-voltage connections if battery storage systems absorbed peak generation, thereby improving the utilization of existing transformers. This is the conclusion of a short study conducted by the Fraunhofer…

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Indie Energy says storage revenue model is shifting beyond arbitrage

Portuguese company Indie Energy develops and operates a virtual power plant (VPP) connecting producers and consumers with market participants such as balance responsible parties (BRPs), balancing service providers (BSPs), and collective self-consumption management entities. Its platform supports participation in energy…

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‘Relationships still key for bankers’: Financing BESS across emerging European markets

European battery energy storage system (BESS) deployments continue to expand across Europe, with a recent report from European solar PV and storage sector association, SolarPower Europe surprising some with Ukraine and Bulgaria in the top five countries for BESS.  As…

Read More‘Relationships still key for bankers’: Financing BESS across emerging European markets