News of major project acquisitions in another busy week for the UK battery storage market.

French utility giant Engie has acquired 6GW of solar and battery storage projects from Belltown Power in the US.

SRP has signed deals for two large-scale battery energy storage systems (BESS) that bring the Arizona utility to 800MW of energy storage.

Electricity Market Authority confirmed the Southeast Asia region’s largest battery storage project on course for commissioning in November.

More corporate funding went into energy storage companies in the first nine months of 2022 than in the entirety of last year.

Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.

rPlus Energies has signed a long-term power purchase agreement (PPA) for 400MWac/200MW solar-plus-storage project in Emery County, Utah.

LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.

Gravity energy storage company Energy Vault’s battery storage division has been contracted to work on a 250MW two-hour duration project at a solar PV plant in Victoria, Australia.

Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.