Developer Kyon Energy has claimed the largest approved BESS in Europe for a 275MWh project in Germany, just as regulators extend grid fee exemptions for energy storage by three years to 2029.

Germany-based EV charging and BESS integrator ADS-TEC has installed eight units comprising a 20MW battery energy storage system (BESS) in Sweden.

Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours.

Renewable energy developer and operator Arevon has completed the financing for a 600MWh solar and storage project in California, US, including US$191 million of investment tax credits (ITC) provided using new transferability provisions.

China-based lithium-ion battery manufacturer Hithium has agreed to supply 1GWh of products to US energy storage project developer Perfect Power through a memorandum of understanding (MOU).

Argentina is set to launch a call for expressions of interest (EOI) for energy storage projects as it looks to reach 20% renewable energy in 2025.

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth, Modo Energy said.

Aypa Power has secured a portfolio debt and tax equity financing package totalling US$550 million for two battery energy storage system (BESS) projects in California and Texas.

Developer Altea Green Power has started building four battery energy storage system (BESS) projects in Italy totalling 1GW of capacity.

Developer Plus Power’s recent financing for BESS projects in Arizona and Texas shows it “driving energy storage into the mainstream of capital markets”, executive chairman Brandon Keefe told Energy-Storage.news.