Archive

7 May 2026

45 articles collected

Daily Snapshot 3 min read

NSW moves to fast-track key renewable projects as NEM prices spike nearly 40%, highlighting the growing urgency to overcome grid and planning bottlenecks.

AU 15 |Global 10 | Storage 9|Policy 6|Solar 6
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Today's Signal

NSW moves to fast-track renewables

The Energy Co AU Policy ·

A new law will allow NSW Energy Minister Penny Sharpe to declare and streamline high-priority renewable projects that will be accelerated through the state’s development pipeline – and around potential blockades by conscientious objectors.

Batteries are the frenemy of the NEM

The Energy Co AU Power ·

Your personal facebook feed is not where you’d expect to find an intricate chart from the Australian Energy Market Operator (AEMO).

Australia: NSW battery storage systems capture 11.9% of state consumption

Energy-Storage.News AU Storage ·

New South Wales battery energy storage systems established two charging milestones on 2 May, hitting a peak intake of 1,240MW. This surge allowed the state's storage fleet to absorb 11.9% of total regional electricity demand during the period.

Fortescue’s chairman says AI and battery storage ‘healed’ Australian mining grid in nanoseconds

Energy-Storage.News AU Storage ·

Fortescue has successfully utilised AI-integrated battery storage to stabilise its Pilbara mining grid, achieving autonomous system recovery within nanoseconds during a power disruption. The technology maintained grid frequency without relying on traditional spinning generators, demonstrating the viability of high-speed battery response for industrial microgrids.

Beyond the OCE

Moment Energy secures US$40 million to scale second life BESS in North America

Energy-Storage.News GLOBAL Storage ·

Moment Energy has raised US$40 million in Series B funding to expand its manufacturing facility for battery energy storage systems utilizing repurposed electric vehicle batteries. The capital injection is intended to accelerate the production of the company's second-life storage technology across North America.

Octopus Energy invests $683m in European wind energy sites

Power Technology GLOBAL Wind ·

Octopus Energy Generation has announced an investment of €584m ($682.8m) in onshore wind energy across Europe, acquiring 321MW of capacity spread across 17 sites in France, Germany, and Poland.

Firm solar and storage costs fall to $54/MWh, says IRENA

PV Magazine GLOBAL Storage ·

A new report by the International Renewable Energy Agency (IRENA) finds that round‑the‑clock solar and wind paired with battery storage deliver power at lower cost than new fossil fuel generation in high‑quality resource regions.

Brazil revokes 3.57 GW of solar permits amid grid connection constraints

PV Magazine GLOBAL Solar ·

Brazilian regulator Aneel has cancelled 3.57 GW of solar project permits following developer requests. These revocations stem from significant grid connection bottlenecks and increasing energy curtailment risks that have rendered the proposed photovoltaic installations unviable.

Egypt’s National Bank takes 20% stake in Scatec’s Obelisk project

PV Magazine GLOBAL Storage ·

National Bank of Egypt has acquired a 20% equity interest in Scatec ASA's 1.1 GW Obelisk solar and battery energy storage system (BESS) project, reducing the Norwegian developer's economic interest to 40% while leaving it in majority control through…

There are now more than 2 million UK solar installations

PV Magazine GLOBAL Solar ·

March 2026 saw a return to installation volumes not seen since 2012 as rooftop and large-scale deployment drove UK solar to a new milestone. Even greater monthly installation volumes are expected as further government support kicks in.

The degradation of LFP cells in BESS

Energy-Storage.News GLOBAL Storage ·

Lithium iron phosphate (LFP) battery cell degradation introduces significant operational complexity for battery energy storage systems (BESS) compared to alternative renewable technologies. Effective management of these assets requires addressing the specific chemical aging processes that impact long-term storage performance.

Angola switches on Africa’s largest off-grid solar-plus-storage park

PV Magazine GLOBAL Storage ·

Angola has commissioned a 31.85 MW off-grid solar facility integrated with 75.26 MWh of battery storage in the country's eastern region. The project is expected to provide electricity to more than 90,000 residents, marking it as the largest installation of its kind on the continent.

Adaptogen Capital: locational value question in UK has to be resolved

Energy-Storage.News GLOBAL Storage ·

Adaptogen Capital Managing Director James Mills has called for clarity on locational value within the UK energy market to support future battery energy storage investments. The firm is currently evaluating expansion into European markets while monitoring projected shifts in BESS capital expenditure requirements for 2026.

On the Wire

Norwegian startup testing hybrid solar, wave, wind system

PV Magazine GLOBAL Solar ·

Norwegian startup Flex2Future and research firm SINTEF have commenced testing a scaled-down prototype of an offshore hybrid platform. The system integrates solar, wave, and wind technologies to potentially provide renewable electricity at a competitive cost per kilowatt-hour.

Green Flexibility, Suncatcher, SWB and ArcelorMittal progress large-scale BESS projects in Germany totalling 324MWh

Energy-Storage.News GLOBAL Storage ·

Four German battery storage developments totaling 324MWh are advancing, including Green Flexibility’s project completion and Suncatcher’s partnership with Statkraft for solar-plus-storage optimization. Additionally, SWB is collaborating with Be.storaged on a new system, while ArcelorMittal has engaged EDF Power Solutions to construct a large-scale facility.

US offshore wind “not a dead industry” – Oceantic Network CEO

Power Technology GLOBAL Wind ·

Oceantic Network CEO Liz Burdock maintains that the United States offshore wind sector remains resilient despite intense political scrutiny. Burdock asserts that recent opposition has failed to create structural shifts that would fundamentally impede the industry's progress.

Solex Energy plans 5 GW solar cell factory in India

PV Magazine GLOBAL Solar ·

The Indian manufacturer is investing around $420 million to expand its manufacturing footprint alongside efforts to advance high-efficiency PV technologies through its partnership with ISC Konstanz.

PV module recycling technologies ‘progressing’, says IEA-PVPS

PV Magazine GLOBAL Solar ·

Latest report from the International Energy Agency's (IEA) Photovoltaic Power Systems Programme (PVPS) finds measurable advancements in PV module recycling performance compared to its prior studies, including higher material recovery rates, improved…

AEP Q1 2026 GAAP earnings rise 9% to $874m

Power Technology GLOBAL Power ·

US-based electric utility firm American Electric Power (AEP) has reported generally accepted accounting principles (GAAP) earnings of $874m for the first quarter (Q1) of 2026, up 9.3% from $800m in the same period of 2025.

Dutch partners explore bringing silicon PV into space

PV Magazine GLOBAL Solar ·

The Netherlands Organization for Applied Scientific Research (TNO) is working with solar manufacturer MCPV and aviation giant Airbus to adapt terrestrial-proven silicon technology for space operations.