After falling by more than two-thirds in quarter one 2022, energy storage order intake increased 19% in quarter two for marine and energy solutions company Wärtsilä.

Fotowatio Renewable Ventures (FRV) and UK developer Harmony Energy have begun construction of their 198MWh Tesla battery project in England.

Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was energised earlier this month.

PPA has been signed for a large-scale solar-plus-storage power plant by a group of Arizona municipal utilities and local authorities.

Blackstone portfolio company Aypa Power has closed an US$88 million construction and term loan facility for Wolf Tank, a 173MWh standalone energy storage project in Texas.

Renewable energy power producers Scatec has started building three co-located solar projects with 1.1 GW hours of energy storage in South Africa, after achieving financial close.

US energy storage system integration services and software company FlexGen has raised US$100 million in a Series C funding round.

Hero Future Energies has won a tender to construct grid-scale battery storage in the Indian state of Kerala.

Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.

The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report.