Co-located storage is growing as a proportion of the UK market with 7.2GW of projects in the pipeline, but structuring deals and offtake agreements presents a complex challenge according to an expert source.

Renewable energy developer Maoneng has received grid connection approval on its 240MW/480MWh Mornington Peninsula battery energy storage system (BESS) in Victoria.

Lithium-ion battery recycler Li-Cycle has opened its third recycling facility, in Arizona.

Urban Electric Power has signed a memorandum of understanding (MOU) with developer Pine Gate Renewables to supply the latter up to 4,550MWh of its zinc batteries over the next five years.

Cellcube has signed a five-year agreement with an energy asset developer to deploy 1GW-plus of its vanadium redox flow batteries (VFRBs) in Southern Africa, but CEO Alexander Schoenfeldt tells Energy-Storage.news the company’s supply chain has a long way to go before getting to that kind of number.

Commercial operations have begun at the Hydrovolt battery recycling plant in Norway, a joint venture (JV) between Norwegian materials processing company Hydro and Sweden-headquartered lithium battery manufacturing startup Northvolt.

Battery energy storage system (BESS) capacity in Italy reached 587MW/1,227MWh in the first three months of 2022, of which 977MWh is distributed energy storage, according to the national renewables association, ANIE Rinnovabili.

Global system integrator Fluence increased its revenues for the first three months of 2022, its second quarter, 249% to US$343 million.

Renewable energy development company Ameresco has signed a non-exclusive purchasing framework with system integrator Powin Energy, totalling 2.5GWh of Powin’s Stack750 battery energy storage system (BESS) product until 2025.

thium-ion battery gigafactory group FREYR reported a US$35 million loss in the first quarter of 2022 and has recently announced three conditional offtake agreements (COA) totalling 53.5GWh.