UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.

UK’s electricity system operator, National Grid ESO (ESO) this week (12 December) launched the first stage of its Open Balancing Platform.

Construction has been completed at a factory making electrolyte for vanadium redox flow battery (VRFB) energy storage systems in Western Australia

News in brief from around the world in energy storage, featuring Ormat Technologies, Wärtsilä and Canadian Solar.

Iron-air battery technology firm Form Energy has won a US$30 million grant for a new 5MW/500MWh energy storage project in California.

The US energy storage industry’s upward growth trajectory has seen another record-breaking quarter, with 2,354MW and 7,322MWh of deployments in Q3 2023, according to Wood Mackenzie.

The US Department of Energy Loan Programs Office (LPO) is continuing to work with battery recycling firm Li-Cycle on its loan application, a spokesperson told Energy-Storage.news, after Republican lawmakers questioned the LPO director’s role in granting the loan to the firm.

The Gore Street Energy Storage Fund’s results for the first half of its financial year have demonstrated the benefits of its internationalisation strategy, though its net asset value (NAV) per share fell slightly.

Key contracts have been signed for the first-ever grid-scale battery storage project in Namibia, signifying the African country’s dedication to modernising its energy infrastructure, according to a top local official.

Hawaii’s main utility Hawaiian Electric has entered into contract negotiations with the developers of 15 renewable energy projects, including solar, wind and a combined 2.1GWh of energy storage.