A global battery storage development platform has been launched by Macquarie Asset Management’s Green Investment Group (GIG).

Recently announced deals and partnerships in the California and Australia markets are a taste of the future ahead, ESS Inc has claimed.

Invinity Energy Systems and Eos Energy Enterprises are providing long duration energy storage systems to the ‘biggest renewables microgrid project in the US’, being developed for the Viejas Tribe of Kumeyaay Indians in Southern California.

Global energy firm RWE has finalised its investment decision for two battery energy storage systems (BESS) totalling 220MW, in North Rhine-Westphalia (NRW), Germany.

Utility and power generation company Enel Group and Brenmiller Energy have inaugurated a thermal energy storage system in Italy using the latter’s proprietary bGen technology.

Development approvals have been granted for New Zealand’s biggest planned battery energy storage system (BESS) to date.

Neoen has reported a 46% increase in revenues for the first nine months of 2022 versus the same period last year.

Stem Inc has posted record quarterly revenues and claimed it could begin recording positive EBITDA figures in the second half of next year.

Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen.

A roundup of US energy storage news from Powin Energy, Tesla and Homer Electric, and Rome-based Energy Dome.