Energy Vault, a Swiss maker of energy storage systems based around gravity, has made its technology commercially available, with India’s Tata Power expected to be the first customer.

Britain’s second listed energy storage fund has raised £100 million (US$129.12 million) to trade on the London Stock Exchange.

Two community energy suppliers in California followed up an agreement to buy power from a large-scale solar-plus-storage farm with another, project developer EDF Renewables has announced.

Contruction of a Tesla powerpack battery at the 60MW Gannawarra solar farm in Victoria, Australia – said the be the first battery storage system that has been retrofitted to an existing solar farm in the country – has been completed ahead of schedule.

Deep-cycle energy storage system manufacturer Trojan Battery has been acquired by C&D Technologies, a reserve power equipment vendor.

RWE has ‘frozen’ it’s planned 100MW battery at the proposed Tilbury Energy Centre amidst concerns that the project’s Combined Cycle Gas Turbine (CCGT) would not be able to secure contracts in the UK’s forthcoming Capacity Market auctions.

The global energy storage market will grow to a cumulative 942GW/2,857GWh capacity by 2040, attracting US$620 billion in investment, caused by sharply decreasing battery costs, according to a Bloomberg NEF (BNEF) report.

A smart grid pilot will be put into action in the Thai province of Mae Hong Son, to integrate and balance growing shares of renewable energy using battery energy storage systems (BESS).

Transmission system operators in the US have begun making their moves to accommodate energy storage into their wholesale markets, with New England ISO and Southwest Power Pool both making filings in the past month.

A ceremony was held yesterday in Niedersachsen, Germany, to welcome the start of operations at a ‘hybrid’ energy storage plant that will use a combination of sodium-sulfur and lithium-ion batteries to stabilise the grid.