A tender will open in a few days’ time under NSW’s electricity system roadmap through which 550MW of long-duration storage could be procured.

Oneida, which will mix long-term contracted revenues with merchant risk exposure in Ontario, Canada, has reached financial close.

System integrator Energy SpA and its vertically integrated peer Pylon Technologies have formed a joint venture (JV) to set up a gigafactory in Italy producing batteries for energy storage.

Global battery energy storage system (BESS) integrator Powin has selected South Korea-based ACE Engineering as a contract manufacturer for a portion of its Waratah Super Battery in New South Wales, Australia.

The energy storage arm of PV module giant Canadian Solar will supply 363MWh of its battery energy storage systems (BESS) to developer Aypa Power for a project in Texas.

The first contract awards for Ontario’s expedited procurement have been announced, in which 739MW of battery storage bids were successful.

Italy is seeing “too many solar developers moving into storage” and issues around the spike in BESS capex costs shortly after 2022’s capacity market auction, sources told Energy-Storage.news.

Charley Grimston from battery storage insurance firm Altelium compares the sector’s development with the early stage of the wind market.

Convergent Energy and Power has brought online a battery storage project for New York utility O&R which will reduce the need for more expensive network upgrades.

Energy firm EnBW has been given the go-ahead to start work on a pumped hydro energy storage (PHES) project in Germany.