Energy-Storage.news speaks with Nathan Picarsic, co-founder of Horizon Advisory, at the 2026 US Battery Asset Management and Solar and Storage Finance Summits in Garden Grove, California.

GridStor, a US-based developer and operator of grid-scale battery energy storage systems (BESS) has closed a US$220 million financing agreement for the 100MW/400MWh White Tank project in Arizona, US.

UK energy industry regulator Ofgem said it is minded to approve the introduction of a financial commitment for BESS in an attempt to reduce the oversupply of the projects awaiting a grid connection.

Compressed air energy storage (CAES) holds much promise for large-scale, LDES, but has struggled to get off the ground outside of China.

A flurry of project completions, financings and supplier deals for large-scale BESS across the Central and Eastern Europe (CEE) region, from Greenvolt, Renovatio & CATL, Eurowind, Renalfa, MOL Group, Tavion, MetaWealth and Enexus & Longi. 

Australia’s Victoria mandates new data centres match demand with own renewable energy and battery storage under new rules.

Nearly 21GWh of grid-scale BESS came online globally last month, of which around a fifth was in Saudi Arabia while the majority was in China. 

RWE has taken a final investment decision (FID) on 400MW/1.1GWh BESS in the Netherlands with construction to start in due course, while Giga Storage has started building its 2.8GWh Green Turtle project in Belgium.

Nova Scotia Power has inaugurated three 50MW/200MWh battery energy storage systems (BESS) in Bridgewater, Waverley and White Rock, now Atlantic Canada’s largest battery storage facilities.

What is repetitive re-trading (RTT) by BESS in the UK, and what is NESO looking to do about it?