Enel to add 43GW of solar by 2030 as part of US$191bn plan
Italian utility Enel will invest around €70 billion (US$78 billion) by 2030 to scale up its renewables and energy storage portfolio as it brings forward plans to reach net zero to 2040.
SUSI Partners eyes solar-plus-storage opportunities in Italy
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
PODCAST: Ukraine and energy security, Lightsource BP’s 25GW solar target and Energy Storage Summit 2022
Liam Stoker and Andy Colthorpe return for the February 2022 episode of the Solar Media Podcast.
Diverse energy storage market segments, tech and applications will drive growth to accelerate decarbonisation
Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.
Energy storage an increasingly accepted asset class, but European market regulation a hurdle
Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.
Gravitricity appoints Gneiss Energy to lead £40 million raise to spearhead energy storage projects
Energy storage company Gravitricity has appointed Gneiss Energy to support the development of a £40 million funding drive to spearhead the creation of three demonstrator projects for its technology in the next five years.
UK government awards funding to longer-duration energy storage tech projects
The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged.
Centrica to develop 28MW battery asset at former gas-fired power plant in North Yorkshire
Centrica is set to repurpose a former gas-fired power plant in North Yorkshire to include a 28MW battery and the potential to develop off-grid hydrogen production and solar.
Centrica-optimised Estor-Lux BESS in Belgium participating in frequency regulation market since December
The EStor-Lux battery site in south Belgium fully launched commercial activity in December and has successfully participated in grid frequency auctions.
ILI Group seeking buyers for 300MW BESS project portfolio
Scottish energy storage developer ILI Group has confirmed a sales tender for a 300MW battery energy storage (BESS) portfolio.
