Cubico Sustainable Investments and Mexican state-owned utility CFE will jointly develop five solar and wind projects across four Mexican states with a combined capacity of 578 MW and 175.7 MW/500 MWh of battery energy storage, backed by nearly $1 billion…
Longi has signed an agreement with German utility RWE to supply a 300 MWh BESS for a PV project in Italy, marking another step in the company’s expansion beyond solar modules into integrated energy solutions. Longi will supply its 6.25…
Prosolia Energy has started operation of a battery energy storage system at its Albispark PV plant in Castelo Branco, central-eastern Portugal. The project combines a 34.4 MWp solar installation with a 15 MW battery system offering 60 MWh of storage…
The Australian arm of Japanese energy company Idemitsu Kosan is proposing to develop a grid-scale vanadium flow battery as part of a clean energy precinct being advanced at a former coal mine in Muswellbrook, New South Wales. The flow battery project,…
Serfimex Capital has agreed to provide financing for solar, BESS, and energy efficiency projects in Quintana Roo, Mexico, under an agreement with the state government targeting 50 installations through 2027. Financing will be provided through Serfimex Solar for renewable energy…
Firefighters are responding to a blaze at a 1.5 MW lithium battery energy storage system in Bautzen, Germany, where the facility is being continuously cooled to reduce the risk of further incidents. The fire broke out July 21 at the…
Windey Energy will begin assembling BESS in Brazil after acquiring a former Siemens Gamesa wind turbine factory in Camaçari, Bahia, as the company establishes a local manufacturing base for storage solutions. The Chinese energy company initially considered using the facility…
Spanish renewable energy developer MASPV has signed two 15-year PPAs with Guatemalan electricity distributors Empresa Eléctrica de Guatemala (EEGSA) and Distribuidora de Electricidad de Oriente (Deorsa) for a 130 MWp solar project paired with a 100 MWh battery energy storage…
Kalpa Power has signed a memorandum of understanding (MoU) with Lineage Power, a subsidiary of Pace Digitek, to secure 100 MWh of battery energy storage system (BESS) capacity. Under the agreement, Lineage Power will prioritize Kalpa Power for the supply…
Technical engineering firm Sinovoltaics said its latest financial stability ranking, which tracks Altman Z-scores for 65 energy storage manufacturers, shows that Tesla, Delta Electronics, and Hyundai Electric hold the top three spots. The Altman Z-score is a standard financial model…