Investment firms PASH Global and ERIH Holdings have formed a joint venture (JV) to develop utility-scale solar and battery storage projects in Paraguay.

The power solutions arm of manufacturing firm Volvo Group has expanded into the battery energy storage system (BESS) market, launching a sub-system product initially in the US and Europe.

Aypa Power has bought two “late-stage development” battery storage projects in Indiana, US, from Blue Steel Power.

The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.

Powin “very close” to announcing first US factory, company working to extend its reach into new markets including the UK.  

Ameresco has nearly completed its three-site, 2.1GWh battery energy storage system project for utility Southern California Edison.

Developer Available Power and Linxon, a joint venture between engineering firm SNC-Lavalin and Hitachi Energy, are targeting 1GW of battery storage projects in the ERCOT, Texas market.

A major upturn in US energy storage deployments is expected as a direct consequence of the Inflation Reduction Act.

Long-duration energy storage was firmly on the agenda and among the talking points of attendees at Energy Storage Summit EU in London.

Zinc battery firm Eos Energy Enterprises had a disappointing Q4 2022 with revenue falling both year-on-year and quarter-on-quarter, although its orders booked and order backlog continue to grow strongly.