Another serving of news in brief from around the world in energy storage.

Oneida, which will mix long-term contracted revenues with merchant risk exposure in Ontario, Canada, has reached financial close.

The energy storage arm of PV module giant Canadian Solar will supply 363MWh of its battery energy storage systems (BESS) to developer Aypa Power for a project in Texas.

The first contract awards for Ontario’s expedited procurement have been announced, in which 739MW of battery storage bids were successful.

Charley Grimston from battery storage insurance firm Altelium compares the sector’s development with the early stage of the wind market.

Convergent Energy and Power has brought online a battery storage project for New York utility O&R which will reduce the need for more expensive network upgrades.

At look at the fortunes, prospects and claims made by three energy storage technology firms that joined the SPAC-driven public listing wave.

BESS projects in the US need to be 40% US-made to qualify for the ITC domestic content adder, rising to 55% from 2027 onwards, the IRS has said.

Optionality is key for battery storage developers and owners when considering project augmentation, leading system integrators to enhance their augmentation offering.

Hy Stor Energy is seeking funding from the US Department of Energy for its Mississippi Clean Hydrogen Hub (MCHH), a green hydrogen storage project.