Energy Storage News•about 1 month ago
Grenergy signs 12-year toll for 680MWh Spain BESS
- •Grenergy has secured a 12-year tolling agreement with an 'investment grade' international utility for a 680MWh battery energy storage system (BESS) in Spain.
- •The BESS will be co-located with a solar PV project, highlighting the growing trend of hybrid renewable energy developments.
- •This long-term agreement provides significant revenue certainty, de-risking the large-scale BESS project and potentially setting a benchmark for future storage financing and deployment.
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