A new report from Bloomberg New Energy Finance (BNEF) details how more than US$8 billion will be invested in new-build energy storage in the year 2024, driven by an increase in deployment of behind-the-meter storage.

Around 90 companies, including EDF, Enel and Engie, have expressed interest in financing and implementing research and development (R&D) projects relating to energy storage integration in Brazil, according the country’s energy regulator ANEEL.

Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) document for the tendering of 200MW of grid-connected solar PV to be deployed alongside utility-scale battery storage in the state of Karnataka.

Flow battery manufacturer ViZn Energy Systems will target the African market after forming a partnership with EPC firm Jabil Inala.

Battery manufacturer SimpliPhi Power has released an all-in-one plug-and-play energy storage system to be integrated with on and off-grid solar plants.

RWE International SE (innogy), a leading European energy company, has signed a share purchase agreement to takeover German solar and energy storage specialist Belectric.

Battery storage has dominated the outcome of the National Grid’s 200MW Enhanced Frequency Response (EFR) tender, with the technology to be used for balancing services at grid scale for the first time in the UK.

Used electric vehicle (EV) batteries could soon be on the market at a significantly reduced cost that competes with brand new energy storage systems, according to a Bloomberg New Energy Finance (BNEF) report.

The organisers of luxury sporting estate Eishken are planning to install 300MW of pumped hydro storage (PSH) on the Scottish Isle of Lewis to store energy primarily from wind farms on the island.

Enersave, a digital marketplace for household energy products, has started accepting reservations for residential battery storage systems from sonnen in the Eastern US.