KEPCO, South Korea’s biggest electric utility, has welcomed the start of commercial operations at a portfolio of large-scale battery energy storage system (BESS) assets.
Luigi Resta, president of rPlus Energies, discusses the developer’s efforts to be first past the post in building new pumped hydro energy storage projects in the US with ESN Premium.
Infrastructure investor InfraVia has bought a majority stake in Giga Storage, a Netherlands-headquartered BESS developer which is building a 2.4GWh project in Belgium.
A Quinbrook Infrastructure Partners portfolio company will shortly begin construction on a 250MW/500MWh battery storage system in Queensland, Australia.
Investment manager Quinbrook Infrastructure Partners has closed funding for its Valley of Fire Fund, raising US$600 million in capital commitments from what it called “leading US and European institutional investors”.