battery energy storage

Regulators in the UK have given the go-ahead for renewable energy developer Ørsted to build a utility-scale battery energy storage project to serve the Hornsea 3 offshore wind farm. The South Norfolk Council—the planning authority for the region—on Jan. 11 unanimously approved the storage facility, which will feature lithium-ion battery technology and be built on […]

Four large solar power projects, including two that will feature battery energy storage systems (BESS), are moving forward after the closing of financing commitments for the installations. Intersect Power, an Oregon-headquartered development and engineering group for renewable energy, on Sept. 29 announced it has closed $3.1 billion in financing to complete a near-term portfolio of […]

A battery energy storage project in California is set to be the world’s largest in terms of generation capacity when the facility is fully energized later in September. McCarthy Building Companies’ Renewable Energy & Storage group, based in Phoenix, Arizona, on Sept. 1 said the company had recently completed construction of LS Power’s 250-MW Gateway […]

Wärtsilä Corp. (Aug. 31, 2020) — Technology group Wärtsilä has contracted with Duke Energy, one of the largest electric power holding companies in the United States, for the Engineering, Procurement, and Construction (EPC) of three battery storage facilities during the past six months. These facilities will be located in North Carolina and Indiana in the […]

ALISO VIEJO, Calif. (February 24, 2020) — esVolta, LP today announced that it has closed an approximately $140 million senior secured credit facility to finance a portfolio of its utility-scale battery energy storage projects. The credit facility was provided by CIT’s Power and Energy business as the Mandated Lead Arranger, and Siemens Financial Services (SFS), […]

Rotterdam (July 11, 2018) – EnergyNest has launched a new hub for manufacturing their thermal battery technology at Europoort in Rotterdam. The cleantech company is responding to Europe’s growing demand for flexible and scalable energy storage solutions. Establishing mass-manufacture capability for their battery modules will allow the company’s energy storage projects to be real- ised […]

Today’s energy system is ripe for disruption. Whoever designs the next generation of energy systems will own the platforms that will enable tomorrow’s products and lock in the emerging consumer base from the developing world. This disruption will be as great as the shift from whale oil to rock oil, altering the energy landscape permanently. […]