Bankability & offtake and regulatory & system reform were the key talking points on the opening panel of the Battery Asset Management Summit UK & Ireland 2026 which runs today and tomorrow (13-14 October). 

US tax equity syndicator Foss & Company has closed a US$58 million partnership flip transaction to finance an energy storage project in Hidalgo County, Texas, developed by GridStor.

Independent power producer (IPP) Clearway Energy has added 210MW of energy storage capacity to its Honeycomb Energy Centre fleet in Southern Utah, US.

Big names in the downstream battery storage market have signed up to join an initiative aimed at simplifying BESS procurement.  

Valo, the new joint venture formed as a continuation of Wärtsilä’s energy storage business, is weighing up investing in the US supply chain, including factories.   

Samsung C&T’s Australian renewables arm has referred an 800MWh battery energy storage system (BESS) in Victoria’s Gippsland region to the federal government under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Battery energy storage systems (BESS) in Australia’s New South Wales (NSW) earned an estimated AU$5.63 million (US$3.88 million) in two hours on 12 October, as wholesale electricity prices peaked at AU$23,107/MWh.

Power group Engie has put an 142MW/802MWh BESS project in Chile into operation, while IPP Grenergy has secured financing for the fifth and final stage of its Oasis de Atacama solar-plus-storage project.

Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.

ACE and the IEA say the main obstacles to battery energy storage system (BESS) deployment in Southeast Asia are policy and market rules.