GoldenPeaks Capital (GPC) and Huawei Polska have signed a Memorandum of Understanding (MoU) on a Battery Energy Storage System (BESS) cooperation focusing on 500MWh grid-forming BESS in Europe.

Repurposing EV battery packs and modules into BESS obviously has environmental benefits, but challenges around pricing, performance and safety remain, panellists at an industry event in London said last week.

BSW-Solar has called on the German government to impose a target of 100GWh of cumulative operational BESS by 2030.

Asset manager AIP Management has bought a 49% stake in a 2.4GWh UK portfolio from global BESS investment platform BW ESS for a deal in excess of £650 million (US$873 million).

BESS provider Sungrow and power firm Engie have connected the first phase of a 400MW/800MWh project, one of the largest in Europe, to the grid in Belgium.

More than 30 stakeholder organisations in the US energy storage value chain have formed a new association to represent common interests.

The TSO of Italy has completed its first MACSE auctions for energy storage, procuring 10GWh of capacity at what the NHOA CEO called ‘exceptionally competitive prices’.

Power firm VPI has signed a 700MW pipeline BESS joint venture in Germany with developer Noveria Energy, while system integrator ADS-TEC has revealed a 1GW/2GWh project.

Local authorities approved 1,237MW/2,474MWh of grid-scale BESS in the UK, the latest data from our monthly roundup shows.

We catch up with executives from second life specialist BESS integrator Voltfang and investor Palladio Partners to discuss their recent €250 million (US$293 million) partnership to deploy projects in Germany.