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EDF Renewables has reached financial and commercial close on two virtually-coupled hybrid projects in South Africa, combining wind and solar with a combined 75MW of battery storage.

Work has begun on a 600MW/1,600MWh BESS by the State Electricity Commission (SEC), an entity owned by the Australian state of Victoria.

AES Andes has received environmental review approval for a 560MW project in Chile converting an existing coal plant to renewable energy and energy storage, using a molten salt-based technology.

Michigan Governor Gretchen Whitmer has signed legislation that sets climate targets for the US Midwest state including a 100% Clean Energy Standard by 2040 and a 2,500MW by 2030 energy storage target.

Battery storage developer and operator SemperPower has taken over operations on a 62.6MWh BESS provided by Rolls-Royce in the Netherlands, the largest in the country, it claimed.

Global battery storage system integrator Fluence has released its Q4 and full-year results, which included the “transformative milestone” of achieving a positive net profit for the first time, CEO Julian Nebreda said.

Kenya Electricity Generating Company (KenGen) has been selected to carry out a battery storage pilot project, through a programme to increase electricity access funded by the World Bank.

Global system integrator Fluence has closed a four-year US$400 million asset-backed lending (ABL) credit facility.

Interest rate rises and longer development timelines have driven a fall in the value of early-stage projects in the US clean energy and energy storage market and a flurry of sell-offs, developer-operator Agilitas Energy told Energy-Storage.news.