Energy storage

RES has submitted a planning application for its Ballyross battery energy storage system proposal, located in County Antrim, Ireland.

Herbert Smith Freehills Kramer has advised Statera Energy as lead borrower counsel on its 680 MW battery energy storage system project in Carrington, the UK.

ACWA Power has signed a series of landmark agreements encompassing financial partnerships, renewable energy, and storage projects.

Shell and SUNOTEC have signed a landmark cross-border spread hedge agreement supporting long-term energy market stability.

A ground-breaking event has taken place for Germany’s largest battery storage facility to date, which is being built by RWE.

Drax has signed an agreement with Apatura Ltd to acquire three BESS projects, which will provide a capacity totalling 260 MW when commissioned.

Greenvolt has secured a €35 million financing agreement for a large scale hybrid project of over 150 MW in Denmark.

Sizable Energy has raised US$8 million to accelerate long-duration ocean energy storage to commercial deployment.

R.Power has sold a 49.9% stake in its 127 MW/254 MWh BESS project in Romania to Eiffel Investment Group.

Repono AB has completed the acquisition of a 202 MW/404 MWh standalone battery energy storage system project located in Arges County, Romania.

Cypress Creek Renewables has reached financial close on its hybrid solar and storage project in Colorado, US.

R.Power has launched the divestment process of a 200 MW/400 MWh ready-to-build BESS in Romania.

Ark Energy has received planning approval from the New South Wales government for its Richmond Valley solar and BESS project.

SUNOTEC has secured financing for seven renewable energy projects in Bulgaria.

DNV has acted as a market consultant to support Grenergy’s US$270 million financing for the Elena hybrid power plant.