Wind developer WestWind Energy has signed a lease agreement with Australia’s New South Wales government for the development of a 1,500MWh wind-plus-storage site in the south-west of the state.

UBS Asset Management has selected data analytics software company ACCURE to optimise a portfolio of battery storage assets in Texas, US.

State-owned utility and power generation firm NEK is deploying BESS at its hydropower plants across Bulgaria.

Gold Green Energy has secured consent for a 400MWh solar-plus-BESS site, whilst AEMO has seen 18.1GW of BESS seeking a connection to the NEM.

Ørsted has taken a final investment decision (FID) on a 250MW/500MWh BESS that will be co-located with one of the company’s operational solar facilities in Fort Bend County, Texas.

Virtual power plants (VPPs) are networks of small-scale, distributed energy resources, such as solar panels or batteries (and in some instances vehicles) which can together function as a single power plant, providing stability to the electric grid.

Battery storage played a crucial role in the Baltic region’s switch from Russia over to the Continental European grid over the weekend, coinciding with Lithuania launching a €100 million storage support scheme.

The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.

The government of Cyprus has published guidelines for a scheme to support the deployment of approximately 150MW/350MWh of energy storage.  

NYSE-listed firm Freyr has cancelled its plans for a battery manufacturing plant in Georgia, US, following its pivot to becoming a US solar company.