The government of Spain is launching €280 million (US$310 million) in grants for standalone energy storage projects, thermal energy storage and reversible pumped hydro to go online in 2026.

System integrator Ameresco has secured a 313MWh battery energy storage asset agreement with Colorado electric cooperative United Power.

Metal-hydrogen battery company EnerVenue will open a manufacturing factory with a 1GWh annual capacity in Kentucky expected to begin production by the end of the year.

Dubai Electricity and Water Authority has neared the halfway completion mark of a 250MW pumped hydro project.

Power company AES Bulgaria has signed a non-binding memorandum of understanding (MoU) with the Bulgarian ministry of energy to assist the country in its decarbonisation transition.

Global energy storage group NHOA, formerly Engie EPS, has been awarded a 30MWh battery energy storage system (BESS) to be developed in Peru.

French independent power producer (IPP) Neoen has recorded €109.1 million (US$115 million) in revenue in the opening quarter of 2022 due to a strong growth in its renewable assets and energy storage.