Battery storage revenues drop by 71%
LCP Delta has urged investors to consider more “sophisticated strategies” as average profits for Britain’s battery storage market see a 71% decline.
KKR’s US$748 million investment in UK’s Zenobē Energy confirmed
Confirming reports made earlier this week, UK battery storage developer Zenobē Energy has secured c.£600 million from investment firm KKR.
EU Batteries Regulation introduces ‘ground-breaking reform’ to meet Green Deal aims
New regulations governing the production, sale and use of batteries in the European Union (EU) came into force last month, with energy storage industry associations welcoming their introduction.
EU Batteries Regulation introduces ‘ground-breaking reform’ to to meet Green Deal aims
New regulations governing the production, sale and use of batteries in the European Union (EU) came into force last month, with energy storage industry associations welcoming their introduction.
IPP Woodburn Capital targets BESS market in Croatia
CEE-based developer and independent power producer (IPP) Woodburn Capital is deploying a co-located battery storage project in Croatia, with final regulations around connecting batteries to the grid expected imminently.
UK BESS revenues jump 53% in one month, Modo Energy says
UK-based energy industry data platform company Modo Energy’s monthly Revenue Benchmark has found that battery energy storage revenues in the country increased by 53% between June and July.
Eneco to commission 200MWh BESS project in Belgium in 2024, calls for more from Dutch government
Dutch utility Eneco is planning a 50MW/200MWh battery storage project in Belgium for commissioning next year, and called for more policy action on storage from its own government in the Netherlands.
EU approves Slovenia’s €150 million grants for renewables and energy storage
The European Commission has given the go-ahead to a €150 million (US$160 million) state aid scheme for renewable energy and energy storage in Slovenia.
Tesvolt claims ‘unique’ safety solution can enable more C&I battery storage installations
Tesvolt’s new collaboration with Denios aims to “offer extremely safe energy storage systems to customers with special safety requirements”.
UK developer Alcemi wins planning permission for 500MW/1,000MWh battery storage project
Network solutions company Alcemi has been granted planning permission to develop one of Europe’s largest energy storage facilities.
