The Clean Energy Council (CEC) of Australia has revealed that six large-scale energy storage projects totalling 573MW/2,047MWh reached financial commitment in the second quarter of 2024.

System integrator Stem Inc has received a warning from regulators over its NYSE listing, while zinc battery technology firm Eos Energy Enterprises completed the first milestones related to private equity firm Cerberus’ investment.

Developer Ingrid Capacity and investor SEB Nordic Energy have partnered to build 13 battery energy storage system (BESS) projects in southern Sweden totalling 196MW of capacity.

Indian multinational conglomerate Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.

Energisation has begun at Waratah Super Battery, the energy storage project contracted as a ‘giant shock absorber’ for the grid in New South Wales, Australia.

IPP Invenergy has put a 50MW BESS into commercial operations in Arizona, US, its 10th in the state.

EVLO Energy, the battery energy storage system (BESS) integrator arm of Canadian utility Hydro-Quebec, has launched a 20-foot 5MWh product.

AEMO has said that despite concerns about grid reliability in 2027-28, energy storage projects will help alleviate some of these concerns.

Utility CPS Energy and IPP Eolian have entered into storage capacity agreements for two battery energy storage system (BESS) projects totalling 350MW of power capacity in the ERCOT, Texas market.

Independent power producer (IPP) NextEra Energy Resources (NEER) is set to build a 600MW standalone BESS facility in the City of Ontario, California, half of which is tied to a utility agreement.