Energy storage

Iberdrola has reached an agreement to acquire a solar photovoltaic plant located in Italy with an installed capacity of 42 MW from CCE.

Centrica has brought two battery energy storage systems online in Sweden.

Sonnedix has signed a tailor-made financial product with Endesa to hedge its long-term positions.

Palisade Investment Partners has reached agreement to acquire a 100% interest in the Summerfield battery energy storage system from CIP.

Harmony Energy has secured a development financing facility from NEDF, a Triple Point managed partnership.

Sonnedix has secured 7.9 TWh of contracts in Italy’s Energy Release 2.0 mechanism, winning 11.7% of the total awarded volume.

Zelestra and EDP have signed Spain’s first power purchase agreement to hybridise an operation solar plant with battery storage.

Sunotec has announced a partnership structured equity investment from funds managed by Blackstone Tactical Opportunities.

Neoen has announced the Ako Battery, its first big battery in Japan and set to be one of the country’s largest batteries.

DNV has advised TotalEnergies on the sale of its 800 MW German battery portfolio to Allianz Global Investors.

European Energy has divested the Jonava project in Lithuania to Energix – Renewable Energies.

Capital Dynamics and Solo Renewables have agreed a £100 million joint venture for a long duration energy storage system in Northern Ireland.

Rolls-Royce has begun construction on an EPC contract from Voltaria Helios Energy Storage to supply a large scale battery energy storage facility in Falkirk, Scotland.

Construction has started at R.Power’s 150 MW/300 MWh Jedwabno battery energy storage system.

Matrix Renewables has partnered with EDF to optimise its flagship 500 MW battery energy storage system project in Scotland.