A 15MW/16.4MWh battery energy storage system (BESS) provided by Fluence has been inaugurated on the Portuguese island of Madeira.

Electriq Power looks set to become the latest in a series of SPAC listings in the energy storage sector, with the US home energy storage firm set to hit a US$495 million valuation.

Energy Vault has provided a dizzying variety of updates in its Q3 results, covering European battery storage, a green hydrogen system, a new CFO and its gravity-based energy storage deployments in the US and China.

Hyme Energy will deploy a 20-hour hydroxide molten salt-based thermal energy storage system in Rønne, Denmark, for 2024 while Azelio has just completed the installation of a unit in Dubai, UAE.

Sungrow has signed MOU to collaborate on energy transition topics with Provincial Electricity Authority of Thailand.

Zenobē has begun construction on three battery storage projects in Scotland which will total £750 million (US$892 million) of investment.

BASF will develop and market energy storage systems based on NAS batteries in South Korea in partnership with power-to-gas company G-Philos.

Long-duration energy storage (LDES) projects in the US will be able to compete for a share of “nearly US$350 million” of government funding.

Asset manager BlackRock has acquired US battery energy storage developer Jupiter Power from EnCap Investments.

China continues to lead rankings for involvement in the global battery supply chain, but the chasing pack of other countries is in flux.