HG Infra Engineering has been declared the qualified bidder by NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh as part of a 500 MW/1000 MWh standalone battery energy storage system (BESS) project. The project is supported by viability gap funding, and the tariff rate is set at Rs 2.38 million per MW per month. The contract is scheduled for completion in 1.5 years.
Scatec has reached financial close for its 103 MW/412 MWh Mogobe battery energy storage system (BESS) in South Africa. The project, Africa’s first and largest standalone dispatchable BESS, is set to begin construction near Kathu in the Northern Cape. Scatec holds a 51% equity share, with Perpetua Mogobe (RF) owning 46.5%, and the Mogobe Local Community Trust holding 2.5%. The Mogobe BESS was awarded a 15-year power purchase agreement (PPA) under South Africa’s battery energy…
Copenhagen Infrastructure Partners (CIP) has made a final investment decision on the 220MW Arena Battery Energy Storage System (BESS) in Chile’s Antofagasta region. This project, funded through CIP’s Growth Markets Fund 2, will store 1100MWh of energy and is strategically located near key transmission infrastructure and industrial clusters. The Arena BESS will shift excess solar power generated during the day for use at night, contributing to the integration of solar energy into Chile’s grid. As…
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