Energy storage fund investment manager Gore Street has released its full-year results, reiterating how internationalisation helped it weather falling revenues in the UK – though not enough to maintain its dividend level.

World Bank Group has approved plans to develop Botswana’s first utility-scale battery energy storage system with a capacity of 50MW/200MWh.

Akaysha Energy has closed financing for a battery storage project in New South Wales, Australia that is planned to be in excess of 1,660MWh capacity.

The Vecco Critical Minerals Project, an AU$798 million (US$540 million) initiative aiming to unlock upstream battery manufacturing, has been declared a “coordinated project” by the Queensland government in Australia.

The Ministry of Energy and Water Resources (MoEWR) of Somalia has issued a competitive tender for the provision of solar and storage technology at 46 different sites in the country.

Utility Southern California Edison is considering withholding liquidated damages from Ameresco after continued delays to 537.5MW/2,150MWh BESS portfolio.

India’s cumulative battery energy storage system (BESS) installations stood at 219.1MWh at the end of March 2024, according to Mercom India.

Vehicle-to-grid (V2G) specialist The Mobility House is moving into large-scale BESS project development and optimisation in Germany, starting with a 750MW project.

While Chinese companies dominated the square footage at ees Europe / Intersolar Europe in Munich last month, some project developers are still keen on prioritising products made closer to home.

Octopus Group’s first standalone battery energy storage system (BESS) project in Australia has won local approval in Queensland.