What is the future for the grid-scale energy storage market in Italy, now that the dust has settled from the country’s long-awaited MACSE auction for BESS?

EnerVenue, the US company commercialising technology adapted from nickel-hydrogen batteries, has closed a US$300 million extension of its Series B preferred stock financing round.

BESS developer-operator Harmony Energy has started construction on a 100MW/200MWh BESS in France, its third to reach that stage in the country.

Developer-investor Hexa Energy Services has inaugurated what is thought to be Japan’s first operational battery storage project with a capacity market contract.

Australian BESS face new financing reality as spreads halve to AU$100/MWh and lenders demand 50-70% contracting amid 15GW deployment surge.

The Michigan Public Service Commission has approved six battery energy storage system (BESS) projects totalling 1,332MW of capacity in the US state.

BESS platform NGEN has started building an 85M/170MWh BESS in Austria, while Foresight Group and the EBRD have invested in development platforms in Germany and Lithuania.

In this news roundup, Unigrid, Inlyte Energy, CIUDEN, and Sunamp are advancing non-lithium energy storage technologies worldwide.

Hithium has signed a cooperation agreement for a potential 3GWh of battery storage deployments in the Asia-Pacific region with infrastructure investor Brawn Capital.

Chile continues to be Latin America’s hotspot for energy storage deployments, with a major new deal for Grenergy and Engie bringing a project online in the past week.