Investor-owned utility SDG&E is turning its first lithium iron phosphate-based battery energy storage system (BESS) online today, while Stanford university says it has hit 100% renewable electricity with the offtake from Goldman Sachs’ recently-commissioned Slate solar-plus-storage project.

Australia’s Clean Energy Finance Corporation (CEFC) and the Octopus Group have followed up their recent development deal for a mixed renewables hub.

News in brief from around the world in energy storage.

A major new vanadium processing facility is set to open in Finland in late 2024 after the formation of a joint venture (JV) to deliver the project.

The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.

Endesa Generación Portugal, part of Enel, has been award the connection rights to develop a renewable energy project combining solar, wind, green hydrogen and a 168.6MW battery energy storage system (BESS) to replace the country’s last coal station.

It’s been a positive week for thermal energy storage technology, with utility Edison International validating a cold storage solution, a collaboration between two groups to achieve 100% round trip efficiency, and an acquisition involving several intellectual property rights patents.

The government of Kosovo this week announced it will build a battery energy storage system (BESS) with a capacity of 200MWh-plus to deal with the country’s energy crisis.

Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.

Centrica Business Solutions has acquired a 30MW battery energy storage project which will help manage North Sea offshore wind farms.