LCOS for battery storage in the US has declined enough recently to offset increases between 2021 and 2024, according to Lazard.

Real estate platform and energy storage investor Prologis Energy has sold a 400MW/800MWh battery energy storage system (BESS) located in Alvin, Texas, US.

BBVA has signed a deal to establish a revenue structure for a new thermal energy storage (TES) technology demonstration project.

IPP R.Power Renewables will launch construction on large-scale BESS projects in Romania and Poland in the second half of this year, while Electrica is procuring EPC works for its own BESS project.

The electricity regulator for Rajasthan, India, has approved the lowest tariff rate for a battery storage tender in the country so far.

Distributed energy company Scale Microgrids has closed US$275 million to support 140MW of distributed generation projects, including battery storage installations in several US states.

Home battery systems company Haven Energy and California utility Clean Energy Alliance (CEA)  have partnered to provide homeowners in the state with battery energy storage systems (BESS) at no purchase or installation cost.

Developer Ilmatar and investor Nuveen Infrastructure have put a 30MW/41MWh BESS in northern Finland into commercial operation.

South Australia is preparing to launch a new LDES tender seeking projects with a minimum of 30MW and at least 8 hours in duration.

The Philippines Department of Energy (DOE) officially opened its hugely anticipated fourth Green Energy Auction (GEA-4) round to registrants earlier this week.