Tesla deployed 14.7GWh of energy storage in 2023
Tesla’s energy storage and generation revenues have tripled since 2020, largely driven by deployments of Megapack battery storage systems.
TotalEnergies buys German BESS developer Kyon Energy
Oil and gas major TotalEnergies has acquired Kyon Energy, one of the most active battery energy storage system (BESS) project developers in Germany.
Equinor’s 25MW/50MWh UK BESS commences operations
Norwegian oil and gas giant Equinor’s 25MW/50MWh Blandford Road battery energy storage system (BESS) has commenced operations.
UK: Developers welcome LDES cap and floor but caution against ‘gaming’ and lithium-ion exclusion
We hear from UK battery storage developer-operators and long-duration energy storage (LDES) technology firms on the government’s recently-released LDES consultation, which has proposed a cap and floor scheme to kickstart investment.
Germany’s Electricity Storage Strategy ‘puts storage on political agenda for the first time’
The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).
European Union countries’ clean energy plans ‘fall short when it comes to energy storage’
The National Energy and Climate Plans (NECPs) of European Union (EU) Member States are largely falling short in recognising the vital role of energy storage, the Energy Storage Coalition has said.
UK unveils LDES support plan: cap-and-floor, 6-hour-plus duration, and lithium-ion excluded
The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.
European Investment Bank contributes funding toward Mytilineos’ 2.6GW solar, storage pipeline
The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.
UK transmission-connected 100MW BESS online at former coal plant site
A 100MW battery storage project in the UK connected to National Grid’s transmission network has gone online, developed by Pacific Green on the former site of a coal plant.
Statkraft acquires pumped hydro project in development near Scotland’s iconic Loch Ness
Norwegian power company Statkraft has agreed to acquire a 450MW pumped storage hydro project being developed near Loch Ness in Scotland, UK.
