IPP Neoen has started construction on a 2-hour 56.4MW/112.9MWh BESS in Finland, in the context of market dynamics which optimiser Capalo AI explained to Energy-Storage.news.

The Indiana Utility Regulatory Commission (IURC) has given its approval to a proposed large-scale battery storage project in development in the US state by AES Corporation’s regional utility subsidiary.

A large battery energy storage system (BESS) project in Hubei, China, using sodium-ion technology is set to be completed this year.

In a double whammy of Sweden BESS market news, developer SENS has secured the land for a 40MW project while system integrator Alfen will deploy a 20MW system at a wind farm.

Origin Energy will invest around AU$400 million (US$263.7 million) in a battery storage project at the site of one of its gas power plants in the state of Victoria.

Battery energy storage system (BESS) and EV solutions firm Zenobē Energy has started construction on a 300MW/600MWh project in Scotland, after securing project financing.

The Public Utility Commission of Texas has ordered the state’s grid operator ERCOT to rescind state-of-charge (SOC) rules requiring batteries to hold additional capacity to provide ancillary services.

UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.

Tesla’s energy storage and generation revenues have tripled since 2020, largely driven by deployments of Megapack battery storage systems.

Grenergy has signed a power purchase agreement (PPA) for the fourth phase of its Oasis de Atacama solar-plus-storage project in Chile.