Australia’s MGA Thermal has secured AU$17 million (US$12 million) in new investment for its long-duration thermal energy storage technology as it enters the commercial scale-up phase.
New Jersey’s regulator has approved the construction of battery storage facilities and a procurement for further energy storage resources in the PJM-connected US state.
Residential energy storage startup Base Power is collaborating with utility Denton County Electric Cooperative (CoServ) to deploy 100MW of residential energy storage across North Texas, US.
Software and optimisation firms Flower, Volkswagen’s Elli and Nuvve have progressed large-scale BESS projects under own-and-operate models; Flower and Elli in Germany and the latter in Sweden.
A European Commission (EC) proposal to add domestic content requirements for energy storage will ‘significantly impact’ the industry but may not reduce overall dependence on China.
The Australian government is reportedly exploring additional modifications to its Cheaper Home Batteries Program, including the possibility of an early wind-up, as the government seeks budget savings ahead of the May federal budget.
From Texas, US, Bimergen Energy has acquired eight BESS projects totalling 79.2MW. Meanwhile, Habitat Energy announced its first US co-located solar-plus-storage partnership with Birch Creek.
