American Battery Factory (AFB) has secured offtake agreements for 4.5GWh of its initial 5.5GWh US factory output.

PV inverter and BESS firm Sungrow has launched its PowerTitan 3.0 battery energy storage model for the European market.

Fortescue’s battery intelligence platform has acquired analytics provider Zitara, and Drax has agreed to acquire optimiser Flexitricity.

The UK’s National Energy System Operator (NESO) will offer grid connection offers up to 2035 to 283GW of projects following a reform of the process.

BESS and flexible generation provider Statera Energy has secured £235 million (US$309 million) in debt financing for its 680MW/1,360MWh Carrington BESS project in Manchester, UK.

Copenhagen Infrastructure Partners (CIP) will divest a 50% ownership stake in its 500MW Coalburn 1 BESS to alternative investor AXA IM Alts.

Invinity Energy Systems has been given the green light to deploy a 20.7MWh vanadium redox flow battery system in the UK, the largest in the country.

Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million (US$239.15 million).

“We need to allow the technology to show us what the most cost effective solution for 10-20-hour duration energy storage is”, managing director of Adaptogen Capital James Mills says.

Invinity Energy Systems and Frontier Power have partnered to deploy vanadium flow batteries under the UK Long Duration Energy Storage (LDES) procurement process.