Iron flow battery company ESS Inc will provide Nigeria-based IPP Sapele Power 1MW/8MWh of its systems, it announced while also revealing its first quarter financials.

Large-scale long-duration energy storage (LDES) projects have been launched near Cyprus and in the UK, using technologies from BaroMar and RheEnergise that are an iteration of established LDES technologies.

Storage developer and operator Lightshift Energy will deploy numerous distributed BESS projects totalling 50MW for various utilities via the Massachusetts Municipal Wholesale Electric Company (MMWEC).

Zambian developer GEI Power and Turkish energy technology firm YEO are aiming to have a 60MWp PV, 20MWh BESS project in Zambia online by September 2025.

A 100MW/200MWh BESS project in Northern Ireland has been acquired by the renewable energy development subsidiary of UK-headquartered power generator and developer SSE.

Optimiser Habitat Energy has secured a deal with UBS Asset Management to handle the energy market activity of four BESS projects totalling 730MW in ERCOT, Texas.

Developer energyRe has secured US$240 mllion from Bank of America to fund the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina, US.

Battery energy storage system (BESS) developer-operator Plus Power has received a US$82 million tax equity investment from bank Morgan Stanley for an Arizona project.

The UK residential energy storage market has moved from primarily being about coupling with solar PV to one where users seek to take advantage of time-of-use tariffs, solutions provider GivEnergy told Energy-Storage.news.

Average revenues for the Gresham House Energy Storage Fund doubled from February to April this year, fund manager Gresham House said in its full year 2023 results.