Last week’s T-1 Capacity Market auction in the UK cleared at a slightly higher price than expected, and battery storage developers that successfully took part were the auction’s “big winners,” according to one analyst.

A microgrid project combining solar PV, wind and a 10MWh flow battery in Germany has been completed by BayWa r.e., Ampt and Fraunhofer.

Turkey-headquartered lithium-ion and energy storage manufacturer Kontrolmatik Technologies will deploy a 1GWh energy storage project on home soil with financing provided by Chinese energy firm Harbin Electric.

Results of the 18th Forward Capacity Auction (FCA) held by ISO New England have been filed, with energy storage’s participation having soared in recent years.

Sunrun has published its 2023 full-year results, revealing the company deployed 1.01GW of new solar in the year.

The largest battery storage facility in India is now online and was visited last week by the country’s Prime Minister, Narendra Modi.

Italy-headquartered energy storage solutions provider NHOA Energy grew revenues 33% in 2023 despite a 20% industry-wide drop in prices, it said in its full-year results.

BESS route-to-market (RTM) and optimisation firms in the UK are increasingly looking at a wider variety of contracting mechanisms beyond the revenue-share or ‘merchant’ model, developer-operator Eku Energy told Energy-Storage.news.

The Q1 2024 edition of our downstream solar PV and energy storage journal, PV Tech Power, is now available to download.

A roundup of energy storage news announcements from Energy Vault, Mitsubishi Power Americas and Tesla.