Corporate funding into battery storage companies rebounded in Q2, but remains lower than in 2022 or 2021 so far.

A US$12 million Series B2 has been raised by California-based battery analytics firm Peaxy, which specialises in “first mile data challenges”, a spokesperson told Energy-Storage.news.

New South Wales has granted planning approval for battery energy storage system projects in the Australian state’s Renewable Energy Zones.

Renewable energy firm Greenvolt Power has acquired an early-stage co-located project in New Mexico, US, with a 50MW of energy storage.

New York’s electricity market operator is evaluating the role energy storage technologies could play as part of the transmission network.

Developer Jupiter Power has announced US$70.4 million in loan financing for two battery storage projects in ERCOT, Texas, arranged by First Citizens Bank.

The commercial manager for Balance Power, one of two UK developers to have announced project approvals this week, has questioned whether the market standard 2-hour duration is enough for net zero.

The window for nominations for the inaugural Energy Storage Awards is closing, but there are still a few days left before it slams shut.

Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC).

The closure of UK battery storage specialist EPC and independent connection provider (ICP) firm G2 Energy has been confirmed by Companies House, with a senior manager describing “unsympathetic clients” in comments given to Energy-Storage.news and that the bulk of the team is joining outsourcing giant Mitie.