Image: NSW. The clean energy development arm of German utility company RWE has been awarded a long-term contract for a 50MW/400+MWh battery storage project in New South Wales, Australia. RWE won with its bid in a competitive solicitation, the results of which were announced today (2 May).
Energy storage facility, UK. Image by Harmony Energy. Battery energy storage projects totalling 627.4 MW have secured contracts in the UK’s 2023-24 Capacity Market auction, representing an increase of more than 60% compared to the previous round, the National Grid Electricity System Operator (NGESO) announced last week.
In February, developer Fotowatio Renewable Ventures (FRV) submitted an environmental impact assessment (EIA) for a large-scale solar-plus-storage project in Chile that would feature an eight-hour system. There has long been a debate over whether lithium will continue to be the technology set of choice as project durations get longer and longer.
According to provisional auction results released by NGESO, almost half of the winning battery projects propose one-hour duration systems, while about 40% are for two-hour facilities. The list of winning schemes includes Zenobe, Gresham House, Harmony Energy, Pivot Power and SUSI Storage, among others.
Latest long-duration project to pick lithium An RWE spokesperson told Energy-Storage.news the company has selected lithium-ion battery technology for its Limondale BESS, and was awarded a 14-year LTESA contract.
The auction, for delivery year 2024/2025, resulted in assets clearing after eight auction rounds at £35.79 (US$45.39)/kW/year, with 7.6GW procured. Capacity Market auction cleared at a higher price than expected, and battery developers were the auction’s “big winners".
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4 · Indian power generator Reliance Power Ltd''s ( BOM:532939 ) subsidiary, Reliance NU Suntech Private Limited, has won a 930-MW solar power project with a battery energy storage …
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Gresham House Energy Storage Fund said it secured 1-year contracts across 13 of its fleet of lithium-ion BESS assets, with a total derated capacity of 90.491MW, noting in …
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The lead and lithium battery maker said the tender is for a planned BESS. Narada did not disclose details of the deal but said it had won bids and signed agreements for …
Narada subsidiary Narada Energy and an engineering management company in Changsha, China, signed a procurement contract for a 200MWh lithium battery energy storage system, with an estimated contract …
The clean energy development arm of German utility company RWE has been awarded a long-term contract for a 50MW/400+MWh battery storage project in New South …
A few days ago, Narada Power won the bid for a significant Italian power companys lithium battery energy storage system project with a total capacity of 1.36GWh and …
4 · Reliance NU Suntechs successful bid was placed at a tariff of Rs 3.53 ($0.0416)/kWh in SECIs Tranche XVII auction. Notably, the company secured the largest individual allocation …
Battery energy storage systems (BESS) were awarded 655.16MW in the UK''s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) …
The clean energy development arm of German utility company RWE has been awarded a long-term contract for a 50MW/400+MWh battery storage project in New South …
Battery energy storage projects totalling 627.4 MW have secured contracts in the UK''s 2023-24 Capacity Market auction, representing an increase of more than 60% …
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