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.

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.

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.

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

The Solar Power Portal Awards, sponsored by Trina Solar, is organised each year by Energy Storage News’ publisher, Solar Media. Today we run through the nominations for this year’s Commercial Energy Storage Project award.

There is “great appetite” within the commercial battery storage market, however far more investment certainty is needed over pricing and regulatory hurdles such as double-pricing for it to realise its potential.

Storage provider Stem adds US$100 million to its kitty of project funds, as energy investor Starwood Energy backs its roll out of intelligent storage for commercial venues.

The US Department of Energy (DOE) and the Indian Ministry of Science and Technology (MST) have committed new funds for research on energy storage and smart grids under the US-India Partnership to Advance Clean Energy Research (PACE-R) for US$30 million.