The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.
rPlus Energies has submitted a Final License Application for a 900MW/9GWh pumped hydro energy storage (PHES) plant in Wyoming, a milestone reached by only six projects in the past 20 years.
A total of US$92 billion has been invested in the US battery supply chain since Biden took office in January 2021, including recent projects announced by ICL and Rhyolite.
One of Sweden’s DNOs Ellevio Group is investing in four new battery storage projects totalling 70MW, supplied by Alfen, the latest in a series of large-scale projects.
Investment firms Castlelake and Gore Street Capital have acquired respective battery storage projects in the ERCOT, Texas market totalling nearly 600MW of storage capacity.
ASX-listed Altech Chemicals and research institute Fraunhofer-Gesellschaft have progressed plans for a 100MWh plant in Germany to produce the latter’s energy storage-focused sodium solid state battery technology.
Gigawatt-hours of used EV batteries are now hitting the market, and California-based Element Energy claims it has the ideal BMS platform to scale second life energy storage technology.
Construction on a 550MW/6GWh pumped hydro energy storage project in Estonia will begin in summer 2024 after it was given the green light by regulators.
Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding.
