Wärtsilä spinning out its energy storage activities and divesting a 50% stake this week reflects difficulties in making the business profitable and synergistic within the wider group activities, analysts said.

Octopus Energy Generation has partnered with ZE Energy to invest in and build one of Italy’s biggest BESS projects, while Eco Stor has secured financing for one of Germany’s, which it is already building. Optimiser Entrix has also won two large contracts in Germany and the Netherlands.

SECI is inviting bids for 4,800MWh of firm and dispatchable renewable energy (FDRE) capacity supported by co-located energy storage.

Around 4.9GW/14.6GWh of large-scale BESS came online in May, with a much more balanced regional breakdown than usual.

Developers of battery storage projects across Southeast Asia must heed lessons learned elsewhere and engage with key stakeholders as early as possible, Energy-Storage.news has heard.

Energy Dome is advancing a 10-hour CO2 Battery project in Arizona, with SRP and Google, while Invinity announces the sale of North America’s largest VRFB, in California.

AESC has announced a strategic supply partnership with BESS system integrator Prevalon Energy.

Ontario, Canada’s Independent Electricity System Operator (IESO) has secured 640MW of new capacity through three projects selected under the capacity stream of the Second Long-Term Request for Proposals (LT2).

Virginia’s biggest standalone BESS comes online, Cypress Creek raises funding for a gigawatt-scale hybrid resource, and Kore Power’s mobile solutions subsidiary is sold, in this edition of news in brief.

The NSW Energy Security Corporation has deployed its first investment, committing AU$100 million to a large-scale battery storage platform.