Two Victorian battery storage projects have reached new construction and commissioning milestones this week, both connecting to the National Electricity Market (NEM) in Australia.
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.
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.
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.