Energy storage funds managed by UK-based Gore Street Capital and Gresham House increased their net asset value (NAV) per share in 2022, but by very different rates.

Fluence and Siemens Smart Infrastructure have completed a renewable energy microgrid project on Terceira, a Portuguese Azores island.

An environmental impact assessment (EIA) has been submitted for a renewable energy project combining solar PV and energy storage on the Mediterranean island nation of Cyprus.

European Commission wants to advance the use of energy storage in managing supply and demand of electricity, according to a leaked document.

Inverter supplier Sungrow and developer Constantine Energy Storage are partnering on 825MWh of BESS projects in the UK, including two with discharge durations of nearly three hours.

Switzerland’s largest energy firm Axpo has entered the battery storage market in Sweden, buying a project from developers RES and SCR set to come online in 2024.

France-based independent power producer (IPP) Qair Energy will deploy 60MWac of solar-plus-storage projects on the island nation of Mauritius after it won a state tender.

The government of Queensland has said keeping energy sector in public ownership will be key to an orderly transition away from fossil fuels.

Utility Zen Energy has acquired a large-scale 2.5 hour battery storage project from developer and IPP RES in Australia, expected to be online by the end of next year.

This edition of news in brief from around the world in energy storage focuses on virtual power plant action in the US.