Iowa’s Maharishi University of Management has completed and powered up a new solar power plant featuring both single-axis tracking and vanadium redox flow battery energy storage.

8minutenergy Renewables, J.P. Morgan Asset Management and an affiliate of Upper Bay Infrastructure Partners have entered into a joint venture that will provide equity capital for 8minutenergy’s 10.7GW portfolio of utility PV and storage projects.

African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting solutions to its commercial and industrial clients.

IFC, a member of the World Bank Group, and the government of Canada have formed a financial partnership that will utilise public funding to generate private sector investments to spur renewable energy, including energy storage, in Sub-Saharan Africa.

Private equity fund SoftBank Vision Fund has officially signed off on a Memorandum of Understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.

US-headquartered independent solar power developer 8minutenergy Renewables announced Tuesday that it has expanded into the energy storage sector with a 1GW project pipeline.

GE and utility Southern California Edison (SCE) unveiled the world’s first battery-gas turbine hybrid system this week in Norwalk, California.

Compressed Air Energy Storage (CAES) company Hydrostor has introduced Hydrostor Terra — a long-duration bulk energy storage system that is expected to compete with new natural gas plants.

Battery management systems developer Dukosi announced that it has secured approximately US$2.4 million in funding, led by IP Group.

The largest battery ever developed within the Nordic countries has been commissioned at Fortum’s Järvenpää power plant in Finland.