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Venture capital funding into energy storage has decreased while debt and public financing become increasingly prevalent. Image: Solar Media from Mercom Capital data.

Mercom: Energy storage corporate funding for first half of 2022 nearly equals 2021 total

July 21, 2022
In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.
Hero Future Energies hosting an India Republic Day celebration at one of its solar PV plants earlier this year. Image: Hero Future Energies via Twitter.

Tender for 10MW of battery storage won by Hero Future Energies in Kerala, India

July 20, 2022
Hero Future Energies has won a tender to construct grid-scale battery storage in the Indian state of Kerala.
Rendering of a battery storage project in development by Orix, winner of the auction's single biggest contract for a BESS bidding unit. Image: Orix.

Financial services group Orix, utility Kansai Electric construct 113MWh battery storage system in western Japan

July 19, 2022
Japanese financial services group Orix and regional utility company Kansai Electric building large-scale battery storage system.
prima infrastructrure

Billionaire’s infrastructure firm in lead to provide 500MW pumped hydro plant in Philippines

July 18, 2022
Prime Infrastructure Capital, owned by Filipino businessman Enrique K Razon, is in line to provide 500MW of pumped hydro power to national utility Meralco.
Squadron Energy executives and staff join members of the Barada Kabalbara Yetimarala community - traditional custodians of the land - in a groundbreaking ceremony. Image: Squadron Energy.

Hybrid wind-solar-battery renewable power plants progress in Australia and the UK

July 14, 2022
Construction has begun on a large-scale hybrid renewable energy project combining wind, solar PV and energy storage in Australia.
A container ship at PAsir Panjang Terminal, Singapore. Image: wikimedia user Wzhkevin.

Singapore container port uses 2MWh battery system to increase energy efficiency

July 14, 2022
Battery system has been installed as part of a project to increase energy efficiency and reduce emissions from Singapore’s seaports.
AGL's 53MW solar PV plant at Broken Hill. Image: AGL Energy.

Australian superannuation fund invests in pumped hydro and flow battery project company

July 12, 2022
Aware Super has identified a “significant strategic opportunity” to invest in an energy storage project developer.
edify energy bess nsw

ARENA funding enables New South Wales battery project to meet 300MWh ambition

July 11, 2022
Newly announced funding support from ARENA is enabling the expansion of a planned large-scale battery project in New South Wales.
Global energy storage technology provider and system integrator Fluence opening a technology centre in Bangalore, India, in mid-2022. Image: Fluence.

ROUNDUP: Fluence’s India tech centre, Redflow launches Gen3 flow battery, Zinc backup at Wyoming data centre

July 8, 2022
News in brief from around the world in energy storage.
wecc leyline

Quinbrook plans ‘Supernode’ energy & data hub in Australia with 2GWh battery storage

July 8, 2022
Quinbrook developing A$2.5 billion ‘Supernode’ site in Queensland for storing energy and data that would include 2,000MWh of battery storage.

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