UK battery energy storage system (BESS) investment fund Gresham House Energy Storage Fund has announced its half-year results to the end of June 2024.

Econergy will soon start construction on a 50MW BESS project in Poland, the first of that scale to reach this stage in the market, the Israel-based IPP claimed.

The EU could save €9 billion a year in gas costs by deploying BESS to capture excess wind and solar, according to think tank Ember.

Developer FuturEnergy Ireland has announced its intentions to build Europe’s first iron-air battery energy storage system (BESS).

The EU’s security requirements for energy assets including energy storage are increasing as the risks grow, particularly in Central and Eastern Europe (CEE).

India and Spain both saw major developments in their respective pumped hydro energy storage (PHES) sectors yesterday (26 September).

The Spanish Ministry of Ecological Transition has passed a royal decree which updates the country’s NECP targets between 2023-2030.

Hungary’s subsidy scheme for energy storage will drive huge growth in BESS deployments over the next few years.

Supply chain risk platform Infyos discusses its research into forced and child labour in the battery supply chain, suppliers risk of exposure to it and what business risks that could entail for those in the ESS industry – particularly around the EU Batteries Regulation.

The decision to slash energy storage de-rating factors for the next capacity market auction in Poland will not be the death knell of the market, and may actually have some positives, project developers and IPPs said.