UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.
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.