At the end of 2024, Australian renewable energy developer ZEN Energy, in partnership with Taiwan’s HD Renewable Energy (HDRE), announced plans to establish a joint venture in Australia that will target 1GW of energy storage capacity.

The Maine Governor’s Energy Office (GEO) recommended that the Maine Public Utilities Commission procure up to 200MW of energy storage in the state.

Technology firm Hyme Energy and potential customer Arla Foods are seeking EU funding for a 200MW thermal energy storage system project, which they claim is the largest in the world.

An “unbelievable appetite for clean energy” is pushing the developer of Gemini, the US’s largest co-located solar-plus-storage power plant, to pursue opportunities of a similar scale.

Cubico Sustainable Investments Australia has submitted two wind-plus-storage projects to the Federal government under the EPBC Act.

The US Department of Energy (DOE) is investing US$28.7 million into grid resilience projects for Florida.

Developer-operator Aypa Power has closed a US$190 million financing for the 200MW/400MWh Bypass BESS project.

Battery storage warranties are complex and inflexible and can add ‘prohibitive’ costs and risks for some asset owners, according to ACCURE Battery Intelligence.

Utility NV Energy has received state regulatory approval of a group of PPAs with a cumulative storage capacity exceeding 1GW as part of the investor-owned utility’s (IOU’s) 2024 Integrated Resource Plan (IRP). 

US outgoing President Joe Biden has signed a bi-partisan bill into law allowing Arizona utility Salt River Project (SRP) to move forward with a pumped hydro energy storage project.