Sun Cable has obtained its principal environmental approval from the Northern Territory government and NT Environment Protection Authority for its Australia-Asia PowerLink (AAPowerLink) interconnector.

IPP Tenska has submitted an application with the Washington Energy Facility Site Evaluation Council for the construction and operation of a 200MW/800MWh standalone BESS.

US solar PV and energy storage project developer Strata Clean Energy has signed a long-term tolling agreement for a 150MW/600MWh battery storage project in Arizona, US.

Sungrow and Rolls-Royce have announced major battery energy storage system (BESS) project orders in Belgium and the Netherlands, respectively.

Independent power producer (IPP) Atlas Renewable Energy discussed its large-scale BESS projects in Chile, where gigawatts of projects are expected to come online in the next few years.

Energy storage fund investment manager Gore Street has released its full-year results, reiterating how internationalisation helped it weather falling revenues in the UK – though not enough to maintain its dividend level.

World Bank Group has approved plans to develop Botswana’s first utility-scale battery energy storage system with a capacity of 50MW/200MWh.

We hear from Gresham House and optimisers Capalo AI and Flower on the BESS industry’s move away from merchant-only models towards more contracted revenues.

Akaysha Energy has closed financing for a battery storage project in New South Wales, Australia that is planned to be in excess of 1,660MWh capacity.

Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.