A roundup of recent large-scale BESS activity in the UK, with IPPs ContourGlobal, Zenobē and Revera buying or taking FID on three separate projects totalling 3.6GWh of capacity.
State of charge (SOC) is on the face of it a straightforward measurement for batteries and BESS. But in reality, it’s highly complex and under- or over-reporting still happens in the industry, leading to under-performance and losses in revenue.
Amazon announced a multi-year agreement to purchase nearly 2 million tonnes of carbon removal credits from a nature restoration project in South Africa, with the company’s investment enabling the expansion of one of the largest carbon removal projects in the…
A significant majority of executives report that have a strong understanding of their companies’ sustainability strategies, yet fewer than one in five companies currently use robust methodologies to quantify the financial impact of sustainability on value creation and future performance,…
Brookfield Asset Management and fuel cell technology provider Bloom Energy announced a major expansion in their partnership, with Brookfield committing $25 billion to finance the deployment of Bloom’s fuel cell technology to support the power needs of AI infrastructure globally.…
Tank storage company Vopak has marked its energy into the BESS sector with a final investment decision (FID) for a 200MW/800MWh BESS in the Netherlands, which recently entered into a first-of-its-kind agreement with TSO TenneT.
US sodium-ion (Na-ion) battery startup Alsym Energy and consulting organisation for the mining and energy sectors, Erity, have signed a 9GWh strategic relationship agreement (SRA) for global mining use-cases.
Crédit Agricole CIB announced the launch of Smart Platform Assisted SustainablE (SPASE), a new AI-powered ESG-linked trade finance solution aimed at enabling companies to assess ESG performance across suppliers, products and trade flows. According to Crédit Agricole CIB, the new…
Singapore-headquartered clean energy developer Vena Energy has raised AU$1.4 billion (US$970 million) in green finance to support 614MW of solar PV capacity and 1,141MWh of battery energy storage systems (BESS) in Australia.
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