London-headquartered investment fund GLIL Infrastructure has invested £150 million into Flexion Energy, a “modern utility company and energy storage infrastructure specialist” which is aiming to build 1GW of energy storage in the UK over five years.

NASDAQ-listed zinc-based electrochemical battery storage provider Eos Energy Enterprises has said that a subsidiary of Koch Industries has committed to investing US$100 million into the company.

Residential energy storage system provider Eguana will begin deploying devices to operate as a connected virtual power plant on the Hawaiian island of Oahu.

Energy storage can make a “positive contribution everywhere” in Southeast Asia, but the industry needs to be proactive in helping market regulators to understand the best ways to facilitate its role in their energy systems.

This edition of news in brief focuses on recent acquisitions of three US developers of solar and storage projects, taken from the pages of our sister site PV Tech.

Authorities in South Australia will consider granting approval for two battery storage projects that will connect to the National Electricity Market (NEM), each adding more than 200MW power output.

Texas’ ERCOT market has been one of the US’ fastest-growing regions for renewable energy, but recent weather-driven events have made it clear that more needs to be done to ensure electricity system reliability. The answers are already here, affordable and practical, argues Wayne Muncaster, vice-president at commercial demand response platform technology group GridBeyond.

Testing and accreditation group DNV is going to build a Battery Safety Laboratory at Twente Safety Campus, a specialised complex in the east Netherlands dedicated to developing safety innovations and procedures.

Infrastructure service provider Lumea has opened up a process to tender for a 300MW grid-connected battery project near Melbourne, Australia, intending to build the project without government funding.

Engie Chile has been awarded rights to develop two hybrid projects in Chile that will combine solar, wind and battery storage and have a combined capacity of 1.5GW.