The Gore Street Energy Storage Fund’s results for the first half of its financial year have demonstrated the benefits of its internationalisation strategy, though its net asset value (NAV) per share fell slightly.
Two startups presenting gravity-based energy storage technologies for commercialisation have signed partnerships with major players in engineering and mining.
Poland looks set to lead battery storage deployments in Eastern Europe, with 9GW of battery storage projects offered grid connections and 16GW registered for the ongoing capacity market auction.
Global utility and IPP Engie has partnered with the energy storage arm of PV module manufacturer Canadian Solar for two battery energy storage system (BESS) projects in Scotland.
Developer Kyon Energy has sold 194.7MW of battery energy storage system (BESS) projects in Germany to investor Obton, including one it recently claimed was the largest in Europe.