BESS developer and operator Plus Power has completed a US$1.8 billion financing for five projects in Arizona and Texas, including over US$400 million in tax equity and US$700 million for a single standalone project, the largest to-date.

UK battery storage investor Harmony Energy Income Trust (HEIT) has energised two grid-scale battery energy storage system (BESS) assets, including one of the same size as its flagship ‘largest BESS project in Europe’.

Green Mountain Power (GMP), a utility in the US state of Vermont, has requested approval on US$30 million in funding to expand a home battery energy storage scheme.

Falling cryptocurrency prices have led to a crypto mine developer to propose a battery storage facility in the city of Corpus Christi, Texas.

Legislation that requires battery storage facilities to put in place safety and communication protocols has been signed into law.

Nova Scotia’s clean energy plan would see the Atlantic Canadian province deploy between 300MW and 400MW of battery storage by 2030.

Global battery energy storage system (BESS) integrator Fluence has unveiled the Gridstack Pro, the latest iteration of its grid-scale product.

Battery energy storage systems (BESS) in the Nordics are seeing “extremely attractive revenues”, Finland-based optimiser Capalo AI said, as developers SENS and Ilmatar announced 70MW of projects in Sweden.

Lessons will be learned from an overheating incident at a thermal energy storage demonstration unit to which fire crews were called, the company behind the technology has said.

Bulgaria is launching a public consultation into a grant auction scheme for renewable energy and up to 350MW of energy storage facilities.