The Australian government is set to cut CIS tender process times to around six months as a 576MWh solar-plus-storage site has been approved in Tasmania.

DESRI, Origis Energy and rPlus Energies have progressed the financing or construction of major large-scale solar and storage projects across the US, totalling 2.8GWh of BESS capacity – all outside of Texas and California.

After initially rejecting a 250MW standalone BESS proposal from Brookfield portfolio company Evolugen, Ottawa City Council has pledged its support for the project.

Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country.

IPP MET Group has put a 40M/80MWh BESS in Hungary into commercial operation, deployed using technology from Huawei.

EnergyAustralia has partnered with EDF Power Solutions Australia to deliver a 3GWh pumped hydro site in New South Wales.

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.