Nostromo Energy is seeking an equity capital raise as part of getting a US$189 million loan guarantee from the US Department of Energy to roll out its cold energy storage solution.

New energy storage projects co-located with renewables in Spain will be eligible to have 40-65% of their investment costs covered under a government scheme launching in a week’s time.

Enel X will pilot battery storage systems at two shopping centres in Australia with commercial real estate group Vicinity Centres.

Indonesia Battery Corporation exploring cell manufacturing and battery storage integration with engineering company Citaglobal.

French renewable energy company Neoen has kicked off 200MW/400MWh battery project in Australia, its third under construction in the country.

California utility PG&E is developing a long-duration energy storage microgrid combining batteries and green hydrogen, in partnership with Energy Vault, the company known for its gravity-based solution.

A Madrid-headquartered developer has proposed a solar-plus-storage system in Spain with a 100MW/200MWh battery energy storage system (BESS).

Canadian Solar will supply 550MWh of battery storage equipment for developer Pulse Clean Energy’s UK projects.

Mercedes-Benz Energy, part of the large automotive OEM, has expanded its range of second life energy storage partnerships into India through a 50MWh per annum module supply deal with local firm Lohum.

The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.