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Image: Energy Dome. Italy-based Energy Dome has put into operation its first carbon dioxide (CO2) battery facility at an unspecified location in the Italian province of Nuoro, in Sardinia island
Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours. The five-project transaction is within the framework of a 1.5GW development services agreement (DSA) the pair signed in June this year, which sees
The two projects in Apulia and Lazio are the latest in a development services agreement (DSA) the pair signed in June 2023 with the aim of co-developing 1.5GW of battery energy storage system (BESS) projects in Italy. Emeren has sold two more Italy battery storage projects to Matrix Renewables totalling 293MW, on top of
The new long duration energy storage system from Energy Dome uses CO2 to store excess wind and solar energy for up to 24 hours. New CO2 Energy Storage System Could Blow Past Li-Ion December 2
Rome – July 4, 2023 – Matrix Renewables ("Matrix"), the TPG Rise-backed global renewable energy platform, today announced that it has started a partnership with Gravel A through a proprietary Development Service Agreement (DSA) for the development of up to 1.5 GW of standalone Battery Energy Storage Systems (BESS) in Italy.The first stage
In June 2023, regulators in Italy approved new auction rules for grid-scale storage and gave the green light to a 200MW/800MWh battery energy storage system (BESS) project from UK developer Aura Power, while Eni Plenitude brought a 15MW BESS online. The energy storage market in Italy doubled in capacity in the first half of the
Italy added 5.23GW of new solar PV capacity in 2023, according to Italia Solare, the highest annual total since 2011.
2024. The New Energy Outlook presents BloombergNEF''s long-term energy and climate scenarios for the transition to a low-carbon economy. Anchored in real-world sector and country transitions, it provides an independent set of credible scenarios covering electricity, industry, buildings and transport, and the key drivers shaping these sectors
Moreover, a new mechanism for Terna to procure in advance energy storage capacity is currently under review and will be finalized in the coming months, to underpin Italy''s target of 71GWh of new grid - scale battery storage by 2030 under the "Fit-for-55" EU framework (reducing greenhouse emissions by 55% by 2030). Following the 70MW being
Transmission system operator (TSO) Terna estimates Italy will need 9GW/71GWh of new energy storage to integrate its growing renewables pipeline, an average duration of just under 8 hours. That duration will be split between battery energy storage system (BESS) and select pumped hydro energy storage (PHES) projects,
Image: NextEnergy Capital. Developer Redelfi and investor WRM Group have signed a term sheet to create a joint venture (JV) targeting 2.8GW of standalone battery storage investments in Italy over a three-year period. The agreement establishes their plan to set up a JV entity which will be 51% owned by Redelfi and 49% owned by
A 400MW early-stage battery storage project in ERCOT, Texas, has been acquired by a joint venture (JV) controlled by Italian firms Redelfi and Altea Green Power, for up to US$8.5 million. The firms'' JV entity BESS Power Corporation has finalised the purchase of the standalone 400MW Lund Storage Center from developer Aelius Solar
Image: Energy Dome. Italian startup Energy Dome has launched the first demonstrator project of its carbon dioxide-based energy storage solution, a 4MWh system in Sardinia, Italy, while also revealing Series B plans. The 2.5MW/4MWh CO2 Battery facility is now fully operational after an initial phase of operations to test its performance.
Sosteneo will take a 49% stake in Enel Libra Flexsys with parent company Enel Italia S.p.A holding the remaining 51%, retaining control over the company. The deal, which will see Sosteneo''s ''Sosteneo Fund 1 HoldCo S.à.r.l'' pay €1.1 billion (US$1.19 billion) for the stake, values Enel Libra Flexys at €2.5 billion.
Rome – July 4, 2023 – Matrix Renewables ("Matrix"), the TPG Rise-backed global renewable energy platform, today announced that it has started a partnership with
February 6, 2024. Cubico is already in the Italian solar and wind market. Image: Cubico Sustainable Investments. Cubico Sustainable Investments has formed a joint venture (JV) with a local developer in Italy to develop 1GW-plus of battery energy storage system (BESS) projects. London-headquartered independent power producer (IPP) Cubico has
Image: Enel Green Power. The Italian government has banned solar PV installations on agricultural land, in a move that the nation''s solar trade association said would cost Italy €60 billion
Enel Green Power will start building 1.6GW of battery storage projects in Italy this quarter, with the country''s utility-scale market expected to soar in the next three years. The renewables arm of multinational energy firm Enel said construction will begin between April
In 2023, residential energy storage continued to dominate Italy''s energy storage landscape, representing the largest application scenario for newly added installations. Residential PV systems retained their prominence, accounting for 82% and 73% of new installations, followed by utility-scale storage and commercial & industrial
3 · The Generali Group company has signed an agreement to acquire a minority share of Enel Libra Flexsys, which aims to roll out 1.7 GW of battery energy storage
The newly formed JV aims to develop over 1 GW of Battery Energy Storage System ("BESS") projects, establishing Cubico''s presence in Italy''s rapidly growing battery storage market. The JV will encompass four projects in its initial phase, incorporating two contributions from Cubico with a combined capacity exceeding 150
Image: Eni. Eni Plenitude, part of the large oil and gas major Eni, has put into operation a 15MW/9MWh battery storage unit in Italy. The utility arm of the large firm announced the project in Assemini, Cagliari, was operational today (7 June). It shares grid connection infrastructure with an existing 23MW PV plant that Eni Plenitude owns nearby.
Italian startup Energy Dome has now begun to commercialize the world''s first CO2 Battery, which was launched earlier this month in Sardinia, Italy. The battery
Glennmont Partners from Nuveen ("Glennmont"), one of the world''s largest fund managers investing in clean energy, and Exus Renewables ("Exus"), independent
Construction work at sites for new battery energy storage systems (BESS) will start between April and June and will be carried out all over Italy. This will contribute to the energy transition, based on
The auction, which was for delivery of projects to begin operation in 2024, has been credited with kickstarting the Italian market for grid-scale energy storage s biggest winner was utility Enel, which won more than 90% of contracts up for grabs. Italy is set to become one of Europe''s most active markets, as profiled in a
11 · This transaction marks a significant milestone in the development of an impressive 394 MW BESS portfolio. Yumin Liu, CEO of Emeren Group, commented, "We
Aura Power is developing over 1GW of battery storage projects in Italy, it said. Image: Aura Power. UK-based Aura Power has announced the final approval for a 200MW/800MWh battery energy storage system (BESS) in Italy, confirming Energy-Storage.news'' recent article.. A ministerial decree was issued last week confirming the
The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already
Description. The Terna-Scampitella SANC – Battery Energy Storage System is owned by Terna (100%). The key applications of the project are frequency regulation, transmission congestion relief and voltage support. Contractors involved. NGK Insulators and Terna have delivered the battery energy storage project. Additional
In a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power''s 500MW-plus pipeline of BESS projects.
Solar and storage installer Lemon Sistemi and investor Volt ESG have signed a deal to develop a battery energy storage system (BESS) project in Italy, the latest substantial BESS development in the country. The two companies have signed a contract for the development of 2GW of BESS projects, mainly in southern Italy and its
Recently-formed developer Innovo Group is targeting a 1.5GW/9GWh lithium-ion BESS development portfolio in Italy and UK, with the first system in central Italy online in Q1 2024. CEO Rodolfo Bigolin announced the start of development of the 72MW/432MWh BESS in central Italy via Twitter last week (9 November), saying the
Partners Enel X and Magaldi Group have begun construction in Salerno, Italy, on a 13MWh thermal energy storage (TES) plant based on a patented technology. Called Magaldi Green Thermal Energy Storage (MGTES), the storage tech was developed by ultra-high temperature material handling company Magaldi and utilises a fluidised
Image: Terna. Battery energy storage system (BESS) capacity in Italy reached 587MW/1,227MWh in the first three months of 2022, of which 977MWh is distributed energy storage, according to the national renewables association, ANIE Rinnovabili. Like Germany, Italy''s BESS market is currently dominated by the residential
Renewable energy company Telis Energy has launched a subsidiary in Italy, aiming to build 3GW of hybrid renewable projects and battery energy storage systems (BESS) by 2030. In a statement, the
The planned storage capacity will come from 20 projects selected by Italian grid operator Terna through the latest capacity market auction. Half of them will be located on the island of Sardinia.
Image: LevelTen Energy. Developer Altea Green Power is selling 2GW of battery storage projects in Italy with expected ready-to-build (RTB) status in Q2 2025 – and responded to cautionary comments about large early-stage deals. Altea, which describes itself as a developer and EPC (engineering, procurement and construction)
The newly formed JV aims to develop over 1 GW of Battery Energy Storage System (BESS) projects in Italy. The JV will encompass four projects in its initial phase, incorporating two contributions from Cubico with a combined capacity exceeding 150MW. Alessandro Asperti, country head for Italy at Cubico, commented: "This
The new JV with Milan-based Nexta will develop up to 1.5 GW of commercial-scale battery storage systems across several projects largely in the south
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