Three US-based independent power producers (IPPs) are currently seeking permission from the Minnesota PUC to construct new renewable energy facilities incorporating battery storage.

A lack of regulation and policy regarding BESS is challenging the growth of the technology in Latin America and the Caribbean.

Hithium has launched a battery storage solution for use in desert conditions and plans to build a 5GWh production plant in Saudi Arabia.

The government of South Africa has signed commercial close agreements for two large-scale BESS projects totalling 720MWh, allowing project backers Scatec and a consortium of CIP and EDF to proceed with construction.

The European Union’s transition to a renewable-energy-powered electricity grid will fail unless it does more to support and promote energy storage, according to the Energy Storage Coalition.

AI-driven asset management startup Proximal Energy has been selected by investor Excelsior Energy Capital to optimise a fleet of battery storage projects in the US.

UB Renewable Energy Fund (AIF) has acquired a 30MW/60MWh BESS project in Finland on which it will start construction in Spring 2025.

Lithuania can move ahead with a scheme to provide €180 million (US$200 million) in grants to energy storage projects after it was approved by the EU.

Australian startup Green Gravity has secured AU$9 million in Series A capital funding to complete product development of its gravity-based energy storage technology.

Battery energy storage systems (BESS) will play an important role in reducing curtailment issues Chile has been facing in 2024, keynote speakers said at the third edition of Solar Media’s Energy Storage Summit Latin America 2024 today.