Six energy storage projects, totalling 3,626MWh of energy, have secured support via the Australian government’s Capacity Investment Scheme (CIS).

IPP Clearway Energy Group has closed US$550 million in financing for a solar-plus-storage project with a 118MW BESS in Kern County, California.

The North American arm of Sweden’s Eolus Vind has secured financing and advanced the sales process for its 100MW/400MWh Pome standalone BESS facility located in San Diego County, California.

South Korea-based H2, Inc will deploy a 1.1MW/8.8MWh vanadium flow battery (VFB) in Spain in a government-funded project.

State-owned utility and power generator HSE is targeting 800MW of flexibility assets across Slovenia by 2035, including pumped hydro energy storage (PHES) and battery energy storage systems (BESS).

The Clean Energy Council (CEC) of Australia has revealed that six large-scale energy storage projects totalling 573MW/2,047MWh reached financial commitment in the second quarter of 2024.

System integrator Stem Inc has received a warning from regulators over its NYSE listing, while zinc battery technology firm Eos Energy Enterprises completed the first milestones related to private equity firm Cerberus’ investment.

Developer Ingrid Capacity and investor SEB Nordic Energy have partnered to build 13 battery energy storage system (BESS) projects in southern Sweden totalling 196MW of capacity.

Indian multinational conglomerate Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.

Energisation has begun at Waratah Super Battery, the energy storage project contracted as a ‘giant shock absorber’ for the grid in New South Wales, Australia.