Solar Energy Storage and Battery News

Greenbacker invests in Telyon to support its solar, storage, and EV charging projects. Telyon has a near-term dev. opportunity of 400 MW and a 1.2 GW pipeline. Greenbacker also acquired a 30-MW/120-MWh battery energy storage system in Imperial County, California. The new funds will help increase Telyon's capacity and reach.

Dominion Energy is constructing a 100-MW solar facility with a battery storage component, expected to generate enough electricity to power over 37,000 homes. The project will commence late this year, and will result in USD 200 million in economic activity and two 1-MW solar carport arrays, 18 electric transit buses, 50 electric fleet vehicles and electric vehicle charging stations.

BESS Power Corporation secures USD 15M to develop 2.4 GW of utility-scale stand-alone energy storage projects; featuring the 407.55-MW Lund Storage Center in Texas, with additional projects in Arizona, Tennessee and New Mexico. Founded in 2022.

AGL Energy and Wärtsilä have completed construction of Australia's second largest battery storage system, the 250MW Torrens Island project, designed to help Australia transition to 100% renewable energy and achieve net-zero emissions. Constructed within 18 months, this collaboration between government, regulatory bodies and private sector proves to be a successful partnership.

Alinta Energy is making progress towards a $100 million 100 MW/200 MWh big battery in southwest Western Australia. Co-located with a 380 MW gas and diesel-fired power plant, it is expected to support the SWIS and back-up energy capacity when needed. Shanghai Electric Power Design Institute and Sunterra will be responsible for delivering the battery. BlackRock and Eku Energy are investing up to $1 billion and $400 million respectively in big battery projects in Australia.

Greenbacker Renewable Energy Company LLC secures USD 75 million to expand investments in solar, solar-plus-storage and stand-alone energy storage projects. Expansion to USD 250 million possible. Latest project is a 30-MW/120-MWh battery energy storage system in California.

Alinta Energy to construct 100-MW battery energy storage facility in WA to stabilise power grid. Works to commence immediately, 800-MWh second stage to be completed by late 2024. Synergy is also constructing WA's first utility-scale energy storage facility.

Sungrow, a global leader in inverters and Energy Storage Systems (ESS), recently signed a milestone deal with EDF Renewables Israel to deliver 127MWh of cutting-edge liquid-cooling storage systems, PowerTitan. With a 40% market share in Israel, Sungrow is looking to record strong profits and revenues this year. The PowerTitan system is designed to maximize efficiency and reduce expenses. EDF Renewables Israel currently operates 33 projects in the country, with an installed capacity of 572 megawatts.

Greece's Regulatory Authority for Energy (RAE) has successfully allocated 411.8 MW of projects from 93 proposals, surpassing the 400 MW target for the first BESS tender. 12 projects from 7 developers will receive financial aid for investment and operation over a 10 year period. Projects are expected to be operational by the end of 2025.

UK unveils groundbreaking 100MW hydropower-storage partnership, providing clean energy solutions for a greener future.

Mytilineos SA has confirmed its participation in Greece's first energy storage tender – offering a 48MW/96MWh unit in Central Macedonia. Construction and operation is expected to complete by mid-2025. Over 3.3GW was offered for the 400MW round & Mytilineos is looking to participate in future tenders. 618MW of renewable power plants already in Greece & abroad.

PPC Renewables secures investment grant and operating aid for 98 MW of battery energy storage projects in Western Macedonia in 2021. To be brought into operation in 2025, these projects will join the 280 MW of solar projects also located in the region.

Codrington Solar Farm approved by South Gloucestershire Council, providing low carbon energy for 4,400 homes. Construction to begin early 2025 with landscape, ecological and biodiversity benefits.

Xcel Energy (NASDAQ:XEL) launches RFP to replace coal-fired power plant in Wisconsin with 650MW of solar-plus-storage projects to generate electricity for 135K homes and reduce CO2 emissions by 85% by 2030. Explore potential future uses of plant site after shuttering.

Servotech Power Systems announces $36.2m investment to set up EV charger factory in Uttar Pradesh, India, generating up to 500 jobs and 10,000 EV DC Fast chargers per year.