The Australian Energy Regulator (AER) said increased energy storage capacity will be essential to manage daily and seasonal variations in output on the National Electricity Market (NEM).

NYSE-listed battery startup Freyr has pivoted strategy and acquired a 5GW solar module facility in Texas, US, from Chinese firm Trina Solar, the same day that Donald Trump was declared to have won the presidential election (6 November).

Aypa Power has negotiated two resource adequacy agreements with Pacific Gas & Electric covering 500MW/2,000MWh of energy storage from two standalone BESS projects in the Californian cities of Industry and Irwindale.

The energy storage industry is seeing a significant shift “toward deeper integration of battery analytics into daily operations,” the CEO of ACCURE has said.

Victoria, Australia, has secured the largest allocation of dispatchable power in the upcoming Capacity Investment Scheme (CIS), with 1.7GW/6.8GWh for energy storage.

Capacity market (CM) auctions have concluded in Italy and Belgium and battery energy storage system (BESS) projects won the lion’s share of new contracts.

Primergy has secured US$225 million in project financing to support its “Valley of Fire” project portfolio across Nevada, Arizona and Colorado.

The City of Green Bay in Wisconsin, US, has granted a Conditional Use Permit for a large-scale battery storage project proposed by a subsidiary of Copenhagen Infrastructure Partners (CIP).

BESS is key to the UK’s net zero goals but significant challenges for the industry remain, writes Harmony Energy’s Peter Kavanagh.