European Investment Bank loans Iberdrola €108 million for pumped hydro upgrade in Spain
European Investment Bank has committed €108 million to upgrades at a pumped hydro energy storage (PHES) project in Extremadura, Spain.
Local citizens invited to invest in under-construction Germany BESS, guaranteed 3-3.5% returns
German companies Energieversorgung Beckum (evb), Westenergie and E.ON Energy Solutions (ESY) have launched construction on a 2.75-hour BESS project in Beckum, Germany, and offered local citizens a chance to invest in it.
UK regulator launches ‘cap and floor’ scheme for long-duration electricity storage
UK regulator Ofgem has launched a cap and floor investment support scheme to unlock funding for new Long Duration Electricity Storage (LDES).
Consortium finances 270MWh BESS in Belgium’s ‘complex merchant market’
Financial close was achieved on a 270MWh battery storage project in Belgium by removing as much asset and revenue risk as possible, Energy-Storage.news has heard.
Scottish government grants planning consent for 1.8GW/40GWh UK pumped hydro project
Gilkes Energy has been awarded planning consent for its Earba Pumped Storage Hydro (PSH) scheme.
Alfen moves 10MW operational BESS from one wind farm to another in Netherlands
A 10MW/10MWh battery storage system at a wind park in the Netherlands has been relocated to a new site as part of a repowering project.
Over 3GWh of BESS approved in UK in March
The UK saw 1,590MW/3,179MWh of grid-scale BESS projects approved last month, bringing the total approved projects to around 55.4GW/117GWh.
SMA and RheinEnergie partner on Germany BESS projects
The system integration arm of SMA Solar and utility RheinEnergie have partnered to deploy BESS projects in Germany, with construction about to launch on the first.
Copenhagen Infrastructure Partners eyes 2.3GW of Italy BESS deployments with GCSS partnership
Investor Copenhagen Infrastructure Partners (CIP) has partnered with GCSS, a joint platform of developers Ikigai Energy and Agnoli Giuggioli, to deploy 2.3GW of BESS in Italy.
TotalEnergies building 321MW BESS portfolio in Germany
Oil and gas major TotalEnergies has taken a final investment decision (FID) and started construction on a further six BESS projects in Germany, with Saft to provide the battery technology.
