While there is much more variety in the BESS supply landscape today, there are relatively few suppliers able to offer products for ‘grid-forming, enduring infrastructure assets’, developer and operator Dais Energy’s CEO said.

Three US-based independent power producers (IPPs) are currently seeking permission from the Minnesota PUC to construct new renewable energy facilities incorporating battery storage.

A lack of regulation and policy regarding BESS is challenging the growth of the technology in Latin America and the Caribbean.

Hithium has launched a battery storage solution for use in desert conditions and plans to build a 5GWh production plant in Saudi Arabia.

The government of South Africa has signed commercial close agreements for two large-scale BESS projects totalling 720MWh, allowing project backers Scatec and a consortium of CIP and EDF to proceed with construction.

The European Union’s transition to a renewable-energy-powered electricity grid will fail unless it does more to support and promote energy storage, according to the Energy Storage Coalition.

AI-driven asset management startup Proximal Energy has been selected by investor Excelsior Energy Capital to optimise a fleet of battery storage projects in the US.

UB Renewable Energy Fund (AIF) has acquired a 30MW/60MWh BESS project in Finland on which it will start construction in Spring 2025.

Lithuania can move ahead with a scheme to provide €180 million (US$200 million) in grants to energy storage projects after it was approved by the EU.

KORE Power CEO Lindsay Gorrill speaks with ESN Premium about the US startup’s manufacturing plans, why NMC won’t go away anytime soon, and where he thinks the BESS market is going.