Global battery storage system integrator Powin and recently-launched EPC firm Linxon have secured battery storage project contracts in ERCOT, Texas, totalling 400MWh and 200MWh respectively.

Conglomerate GE will provide six 37MW turbines for a pumped hydro energy storage plant in the Spanish overseas territory of Gran Canaria.

The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.

Geothermal-based energy storage company EarthBridge Energy has secured land rights to deploy its technology in Texas.

The Ministry of Energy in Hungary will provide grants for the deployment of energy storage projects, with some 1GWh targeted by 2025.

Utility Xcel Energy has received a US$20 million grant commitment from VC firm Breakthrough Energy for projects using Form Energy’s iron-air battery, while a sodium ion battery firm has secured bridge financing.

Firm Frequency Response (FFR) auction prices in the UK have hit their lowest level since 2019 as market saturation begins to take effect, market analytics platform Modo Energy said.

Israel-based thermal energy storage firm Brenmiller Energy has inaugurated a factory targeting 4GWh of annual production capacity by the end of 2023, the first such gigafactory anywhere, it claimed.

Element Energy’s large stock of batteries for second life energy storage are mostly LG batteries recalled from EVs in the last few years due to fire safety concerns, a source told Energy-Storage.news.

Canada-based renewable energy firm Boralex has turned on a 3.3MWh battery storage unit attached to a wind farm in France.