Tag: BESS

<strong>Spearmint Energy acquires 900 MW BESS portfolio in US</strong>

Spearmint Energy acquires 900 MW BESS portfolio in US

March 22, 2023 |

Spearmint Energy announced the acquisition of Nomadic, a 900 MW battery energy storage systems (BESS) asset portfolio in Texas. It consists of three projects with a combined projected capacity of 300 MW that are spread over the counties of Cooke, Galveston, and Brazoria. According to the company, the portfolio was purchased from a major US developer and operator of clean energy projects. No financial details of the deal have been disclosed.

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<strong>ACWA Power to develop solar and BESS projects in Uzbekistan</strong>

ACWA Power to develop solar and BESS projects in Uzbekistan

March 21, 2023 |

ACWA Power has signed three power purchase and investment agreements in Uzbekistan for the development of 1.4 GW of solar and 1.5 GWh of battery energy storage systems (BESS). The Saudi energy company inked the agreement with Uzbekistan’s National Electric Grid (NEGU) and the Ministry of Investment, Industry, and Trade. The business intends to construct three PV solar projects in Tashkent and Samarkand, as well as three BESS facilities in Tashkent, Bukhara, and Samarkand.

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<strong>ACWA Power to develop 1 GW renewable energy project in Kazakhstan</strong>

ACWA Power to develop 1 GW renewable energy project in Kazakhstan

March 6, 2023 |

ACWA Power, based in Saudi Arabia, has agreed to construct a 1 GW wind and battery storage project in Kazakhstan. The company inked a project deal with the Kazakhstan government and the country’s sovereign wealth fund, Samruk-Kazyna. By this agreement, ACWA Power enters Kazakhstan’s renewable energy market. The company has also pledged to make an initial $1.5 billion investment to promote national climate action, the integration of renewable energy sources, and sustainable growth.

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<strong>Aypa Power to buy 268 MW of BESS capacity from Blue Steel Power</strong>

Aypa Power to buy 268 MW of BESS capacity from Blue Steel Power

March 2, 2023 |

Aypa Power, a US-based energy company, has purchased two standalone battery energy storage system (BESS) projects in Indiana, totaling 268 MW. The BESS projects included in the agreement are Williams Power, a 150 MW project in Jefferson County, and Fletcher Power, a 118 MW project in Decatur County. For an undisclosed sum, the projects were acquired from Blue Steel Power.

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<strong>Tesvolt plans to invest in new battery storage facilities</strong>

Tesvolt plans to invest in new battery storage facilities

February 20, 2023 |

Tesvolt AG, a technology leader in commercial and industrial energy storage intends to build a new gigafactory at its headquarters in Lutherstadt Wittenberg, Germany. A highly automated production building for battery storage systems. Also, a new research and development centre is planned for construction. The carbon neutral facility will eventually have a production capacity of up to four gigatonnes per year. Construction will begin in the spring of 2023 and will be completed in 2024.

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<strong>Westbridge Renewable purchases solar and BESS project in Canada</strong>

Westbridge Renewable purchases solar and BESS project in Canada

February 3, 2023 |

Westbridge Renewable Energy, a Canadian energy corporation, has acquired the Red Willow Project, a 295 MWp solar photovoltaic (PV) and 100 MW/200 MWh battery energy storage system (BESS) in Canada. No financial details of the deal have been disclosed. Red Willow is presently in the second stage of the Alberta Electric System Operator (AESO) interconnection procedure and is situated in Stettler County #6 in central Alberta.

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<strong>Longroad Energy receives financing for solar and BESS project</strong>

Longroad Energy receives financing for solar and BESS project

January 20, 2023 |

Longroad Energy, a US-based renewable developer, has reached financial close on Sun Streams III, a 285 MWdc photovoltaic (PV) and 215 MWac/860 MWh storage project. The Sun Streams III project, which is situated in Maricopa County, Arizona, is anticipated to start operating in 2024. The project’s debt financing was led by CIBC and Keybank, with participation from ANZ, Commerzbank, PNC, and Silicon Valley Bank.

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<strong>Shell Energy receives rights to build BESS project in Australia</strong>

Shell Energy receives rights to build BESS project in Australia

January 12, 2023 |

Shell Energy has acquired the development rights to a 500 MW battery energy storage system (BESS) project in Australia. Under the terms of the agreement, Shell will be granted the right to build, own, and operate the Wallerawang 9 Battery project (FID). The former Wallerawang Power Station site near Lithgow, New South Wales (NSW), will be used for the project’s construction.

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Mitsubishi to supply 150 MW storage for US solar projects

Mitsubishi to supply 150 MW storage for US solar projects

December 21, 2022 |

Origis Energy, a solar and energy storage developer based in the US, has granted Mitsubishi Power Americas a contract to provide three utility-scale battery energy storage systems (BESS) with a combined capacity of 150 MW/600 MWh. The Mitsubishi Power Emerald storage system will be installed at three Origis Energy solar photovoltaic (PV) projects in the Southeast US that are set to be online within the next two years. The BESS projects are anticipated to increase the sites’ capacity once they are installed.

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Acciona Energía to acquire BESS project from Qcells in Texas

Acciona Energía to acquire BESS project from Qcells in Texas

December 14, 2022 |

Acciona Energía, a subsidiary of the Spanish infrastructure firm Acciona, has agreed to purchase the Cunningham battery energy storage system (BESS) project in Texas from Qcells. No financial details have been disclosed.  The Cunningham facility, which is 55 miles from Dallas, is expected to come online in 2023 and will be the largest operating battery energy storage project in Texas.

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Equis plans to construct a 1.2 GW battery in Victoria

Equis plans to construct a 1.2 GW battery in Victoria

November 18, 2022 |

Equis Development has rebranded and relaunched its $1.28 billion battery energy storage system (BESS) on the outskirts of Melbourne, Australia. In order to co-develop the BESS project, the company has acquired a 100 per cent stake in the Melton Renewable Energy Hub from Syncline Energy.

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Masdar acquires UK battery storage developer Arlington Energy

Masdar acquires UK battery storage developer Arlington Energy

October 27, 2022 |

Masdar, a state-owned energy company in the Emiratis, has expanded its footprint in the UK by acquiring Arlington Energy, a company that develops battery energy storage systems (BESS). Arlington Energy, a London-based company, specialises in developing, operating, and financing flexible energy solutions.

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Fluence and TransnetBW to construct grid storage system in Germany

Fluence and TransnetBW to construct grid storage system in Germany

October 7, 2022 |

Fluence Energy and TransnetBW have announced plans to build a 250 MW battery energy storage (BES) project as part of a transmission project in Germany. The Netzbooster project will be situated at Germany’s main grid centre in Kupferzell. The objective of the project is to assist German transmission system operator (TSO) TransnetBW in maximising network use throughout the country.

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Neoen plans to construct 1 GW BESS project in Australia

Neoen plans to construct 1 GW BESS project in Australia

September 14, 2022 |

Neoen Australia, a producer of renewable energy, has submitted planning documents for the construction of a stand-alone 1 GW / 4 GWh battery energy storage system (BESS) near Collie, Western Australia. Reportedly, the big battery would be constructed on a 31-hectare location 12 km to the northeast of Collie and 215 km to the southeast of Perth.

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Naturgy acquires Cunderdin hybrid PV solar project in Australia

Naturgy acquires Cunderdin hybrid PV solar project in Australia

September 2, 2022 |

Global Power Generation, a joint venture between the Spanish energy provider Naturgy and the Kuwait Investment Authority, has acquired the Cunderdin hybrid solar project in Australia. A 55 MW battery energy storage system (BESS) and about 125 MWdc of solar photovoltaic (PV) capacity will be used in the Cunderdin project. The hybrid facility will be built by SBP close to Cunderdin in Western Australia and connected to the South West Interconnected System (SWIS).

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Greenspot secures approval for 500 MW BESS project in Australia

Greenspot secures approval for 500 MW BESS project in Australia

August 9, 2022 |

Greenspot, an Australian investment firm, has received approval from the New South Wales (NSW) Department of Planning and Environment for a battery energy storage system (BESS) project. The 500 MW/1,000 MWh project will be built on the site of the disused Wallerawang Power Station near Lithgow. An investment of about $280 million is anticipated to be needed. 

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Quinbrook to develop 230 MW BESS project in Wales

Quinbrook to develop 230 MW BESS project in Wales

June 30, 2022 |

Quinbrook Infrastructure Partners has acquired exclusive development rights from Simec Atlantis Energy, a renewable energy provider to construct a battery energy storage system in Wales, UK. The 230 MW/460 MWh BESS project, called Project Uskmouth, will be located on the site of a former coal-fired power station.

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Mitsubishi Power co-develops battery storage projects in Ireland

Mitsubishi Power co-develops battery storage projects in Ireland

June 24, 2022 |

Mitsubishi Power, a Japanese power company, will collaborate with renewable energy developer ION Renewables to construct four battery energy storage system (BESS) projects in Ireland. Ion Renewables has signed an exclusive agreement with Mitsubishi Power Americas for the four projects, which will use Mitsubishi’s Emerald storage solutions and have a combined capacity of 185.5MW or 371MWh. 

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