Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s Edison Power.

The Chile arm of global energy firm AES Corporation is looking to build another large co-located battery energy storage system (BESS), this time with a capacity of 2,710MWh.

Norwegian firms Morrow Batteries and Eldrift have announced a non-binding offtake agreement for 1.5GWh of Morrow’s lithium iron phosphate (LFP) batteries.

Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million.

The government of New Zealand considering viability of pumped hydro among its options to plug energy deficits of between 3TWh and 5TWh.

Amarenco has raised €300 million, enabling asset management firm Arjun Infrastructure Partners to acquire a minority stake in the company.

The European Commission has cleared an investment by Canadian pension fund BCI into Eku Energy, a new utility-scale BESS platform launched by Macquarie last year.

European Commission’s categorisation of energy storage technologies in the Net Zero Industry Act is a “huge victory,” one source said.

Connecticut utilities Eversource, and UI and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at incentivising 580MW of customer-sited energy storage projects.

The UAE should deploy 300MW/300MWh of battery energy storage system (BESS) capacity in the next three years, according to one of its main utilities EWEC.