Hungary awards funding for 440 MW of storage
The Hungarian government has earmarked HUF 62 billion ($169 million) for grid-scale energy storage projects in a bid to facilitate further deployment of renewable energy sources. The Hungarian
Ib vogt sells 50MW/50MWh ready-to-build BESS project in Finland
Of the new project it has bought from ib vogt, Renewable Power Capital managing director of power markets and asset management Steven Hunter said that
South Africa: Eskom brings online first of 1,440MWh battery rollout
Image: Eskom. Eskom, the public utility company of South Africa, has inaugurated a 20MW/100MWh battery energy storage system (BESS) aimed at mitigating the challenging situation facing the country''s grid. A celebration event was held yesterday, 9 November, for the 5-hour duration Hex BESS project in the Western Cape Province
Finland preps to tender 3 GW of offshore wind projects
The tenders for the two projects will open in the autumn of 2023. The Pyhajoki-Raahe and Narpio projects are the first of five that Metsahallitus has said it plans to launch . According to Metsahallitus wind energy director Otto Swanljung, the prospect of a successful tendering process for project rights and lease rights is supported by a need
TotalEnergies to invest in European Energy''s offshore wind
French oil and gas giant TotalEnergies has made an agreement with European Energy to develop offshore wind projects across Denmark, Finland and Sweden. The move includes significant equity stakes in two Danish wind projects and plans for further Nordic expansion. TotalEnergies has acquired an 85% stake in the 240MW Jammerland Bugt offshore wind
MW Storage and Fluence deepen partnership to deliver their third
5 · MW Storage, a Swiss investment fund experienced in financing, developing, and operating energy storage systems, has selected Fluence Energy B.V. (Fluence), a
Europe''s cross-border solar tenders: projections and what-ifs
Image: FIMER. Last month the EU announced its inaugural cross-border solar PV tender in the form of a request for proposals (RFP) for 400MW worth of projects to be deployed in Finland, but to be
EU issues first cross-border tender for 400MW of PV projects
It is the first cross-border renewable energy tender ever proposed in Europe. Issued under the Renewable Energy Financing Mechanism (RENEWFM), an EU financing vehicle that came into force in 2020
MW Storage and Fluence deepen partnership to deliver their
4 · The project marks Fluence''s fifth joint project with MW Storage after the announcement of the Wunsiedel megaproject in February in Germany and earlier collaborations in Switzerland and Finland
Spain launches two energy storage programmes with €280 million
July 24, 2023. One of the two programmes will be directed towards pumped hydro energy storage. Image: MITECO. The government of Spain is launching €280 million (US$310 million) in grants for standalone energy storage projects, thermal energy storage and reversible pumped hydro to go online in 2026. The Ministry for the Ecological Transition
MW Storage and Fluence deepen partnership to deliver their third
5 · The project marks Fluence''s fifth joint project with MW Storage after the announcement of the Wunsiedel megaproject in February in Germany and earlier
Under Construction: Biggest battery storage in
The new 30 MW energy storage plant – with a storage capacity of 30 MWh – is located in Yllikkälä, close to the city of Lappeenranta in Southeast Finland. Known as Yllikkälä Power Reserve
Ontario''s electricity system moves forward with largest energy storage
May 16, 2023 – Toronto, ON – Today, the Independent Electricity System Operator (IESO) announced it is moving forward with the procurement of seven new energy storage projects to provide 739 MW of capacity. After years of stable supply, Ontario''s electricity system is in the early stages of a dramatic transformation to support
CIP and EDF consortium selected for three BESS projects in South
A consortium comprising Copenhagen Infrastructure Partners (CIP)-owned Mulilo and EDF has been selected as the preferred bidder for three battery energy storage system (BESS) projects in South Africa. The projects, named Oasis Aggeneis, Oasis Mookodi and Oasis Nieuwehoop, will collectively provide 1.03 gigawatt-hours/257MW of
Winning bid in Solar Energy Corporation of India 1,000MWh tender revealed
Various news outlets reported on Friday (26 August) that JSW Renew Energy Five, a special purpose vehicle formed by the renewable energy subsidiary of power producer JSW Energy had submitted a winning bid. Bidding took place in reverse auction to contract for 500MW/1,000MWh of standalone BESS with the Solar Energy
Australia launches 600 MW/2.4 GWh tender
A tender for 600 MW/2.4 GWh of energy storage in Victoria and South Australia has been announced as part of Australia''s new national Capacity Investment Scheme, a project underwriting program
Hungary awards funding for 440 MW of storage
The Hungarian Ministry of Energy has announced that around 50 grid-scale energy storage projects with a cumulative capacity of 440 MW have received subsidy support through a tender launched in
RPC buys 50-MW shovel-ready Finnish BESS project from ib vogt
German solar developer ib vogt GmbH has offloaded the rights to a 50-MW/50-MWh battery energy storage system (BESS) project in Finland to London-based renewables company Renewable Power Capital (RPC). The project covered by the deal is in the ready-for-construction phase and is one of the largest of its kind in Finland, the
Utility Helen launching 40MW BESS in Finland
Finnish utility Helen is launching a 40MW battery energy storage system (BESS) project in Nurmijärvi, southern Finland, and aims to begin commercial operation in 2025. The project is being developed by investor Evli-Rahastoyhtiö Oy, which will continue as a co-investor alongside Helen once the project is completed.
Ib vogt sells 50MW/50MWh ready-to-build BESS project in Finland
In late January, Energy-Storage.news covered French developer Neoen''s announcement of Yllikkälä Power Reserve Two (YPR2), a 56.4MW/112.9MWh BESS set to be Finland – and the Nordics'' – biggest project to date by megawatt-hours. That project will be located close to Finland''s first large-scale BESS, a 30MW/30MWh also by Neoen.
Greenko wins NTPC energy storage tender in India with pumped
Greenko''s winning submission is for a 500MW/3,000MWh pumped hydro energy storage (PHES) plant. It will serve NTPC REL under a 25-year contract, with the power generation company seeking to use the long-duration energy storage (LDES) resource to offer 24/7 ''round-the-clock'' clean energy to customers such as large
Ontario picks another 142MW/1,136MWh of BESS
Data from Ontario IESO . Weighted average price for all Storage Category projects was given as CA$881.09 (US$666.71)/MW Business Day. Capital Power was also a winner in Storage Category 1 with a 120MW project, as was Wahgoshig Solar FIT5, a partnership between the Wahgoshig First Nation and private investors, which submitted a
A review of the current status of energy storage in Finland and
As Finland is proceeding towards achieving carbon neutrality by 2035, energy storage can help facilitate the integration of increasing amounts of VRES in Finland by addressing
Solar Energy Corporation of India''s 1,000MWh energy storage tender
A total of 4,000MWh of pilot tenders for standalone energy storage are expected to be launched in total by the government of India. The government of Alberta, Canada, has selected advanced and clean energy projects to receive CA$33.7 million (US$24.83 million) in grant funding, including a hydroelectric-plus-supercapacitor
Fluence, investor MW Storage sign third Finland BESS deal,
1 · The Nordic region''s ancillary services markets present an opportunity for fast-responding battery storage assets. According to research group LCP Delta, more than
MW Storage and Fluence deepen partnership to deliver their third energy storage project in Finland
4 · This will be the fifth project Fluence is delivering for MW Storage, with previous projects in Finland, Germany, and Switzerland. AMSTERDAM, June 27, 2024 (GLOBE NEWSWIRE) -- MW Storage AG (MW
Global news, analysis and opinion on energy storage
Lion Storage has received a construction permit for a 347MW/1,457MW BESS project while Giga Storage hopes to start construction on a similarly sized one this year, representing a major step
Three small pumped-storage schemes to go ahead in Finland
Suomen Voima Oy has announced plans to develop three small pumped-storage plants in Kemijärvi, northern Finland, with a combined capacity of 150-300 MW. The energy storage project complex Noste is designed to facilitate Finland''s green transition and balance energy availability, the Finnish producer announced on 12
Energy Storage Systems (ESS) Projects and Tenders
6 · Project Details Weblink Projects of 500 MW/1000MWh Standalone Battery Energy Storage Systems (BESS) in India under Tariff-Based Global Competitive Bidding (ESS-I) by SECI
Australia targets 6 GW of new renewables capacity in ''largest ever'' CIS tender
Australia''s "largest-ever" tender for renewable energy will open next month with the federal government targeting 6 GW of new solar and wind projects as part of its expanded Capacity Investment Scheme that is seeking 32 GW of additional capacity to support the nation''s clean energy transition.
MW Storage and Fluence deepen partnership to deliver their third energy storage project in Finland
5 · The project marks Fluence''s fifth joint project with MW Storage after the announcement of the Wunsiedel megaproject in February in Germany and earlier collaborations in Switzerland and Finland. In the Nordic markets, Fluence has deployed or contracted seven projects to date, making it the key player in the region''s energy
EU renewable energy financing mechanism: €40 million awarded to 8 solar PV projects
Following the successful conclusion of the first tender of the EU renewable energy financing mechanism on 27 September 2023, 8 solar PV projects with a total capacity of 282.77 MW have been awarded funding.
4GWh of long-duration storage wins New South Wales tender
The infrastructure projects, totalling 524MW of output and 4,192MWh of storage capacity, have been announced as winners in the latest round of solicitations hosted under the NSW Electricity Infrastructure Roadmap scheme. Three utility-scale long-duration energy storage (LDES) projects selected in a tender held on behalf of New
South Korea offers central market contracts for 260MWh energy storage
South Korea last week launched a competitive solicitation for large-scale energy storage systems on Jeju Island, a southern province of the country. The South Korean Ministry of Trade, Industry and Energy (MOTIE) on 17 August announced the tender, through which it is opening up a "central contract market" for battery energy
MW Storage and Fluence deepen partnership to deliver their third
4 · The project marks Fluence''s fifth joint project with MW Storage after the announcement of the Wunsiedel megaproject in February in Germany and earlier
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