solar-plus-storage

The insurance market will need to evolve its underwriting approaches to keep pace with the rapid growth of co-located renewable energy projects, according to a new report.

With BESS in the generation mix, energy is no longer simply generated and exposed to the market; it can be stored and used when most valuable.

PNM has filed a resource plan with the NMPRC seeking approval for 1.69GW of new generation and energy storage capacity.

Svea Solar Utility has secured €185 million (USS$215.4 million) in finance to support the development of Sweden’s largest solar PV project.

Maxwell Power has secured a US$750 million investment commitment from Fairtide Partners to finance battery storage and solar projects across its development pipeline. 

PV Talk: India’s renewable market is shifting toward dispatchability as standalone solar faces mounting intermittency pressure and storage moves to the centre of new procurement models.

Government policy and market factors are the main conditions encouraging the co-location of renewable generation projects and BESS.

DESRI and Tierra Adentro Growth Capital (TAGC) have broken ground on two solar-plus-storage projects in New Mexico.

Australia's CIS Tender 7 has seen 19 successful projects, which will deliver 7.8GW of renewable energy generation across the NEM.

Spanish independent power producer Grenergy has signed a long-term hybrid power purchase agreement (PPA) with US utility Georgia Power.