UK regulator Ofgem has launched a cap and floor investment support scheme to unlock funding for new Long Duration Electricity Storage (LDES).

A total of 10.9GWh of grid-scale BESS entered commercial operations in March, up 29% year-on-year and 3% month-on-month. 

Financial close was achieved on a 270MWh battery storage project in Belgium by removing as much asset and revenue risk as possible, Energy-Storage.news has heard.

Opportunities for commercial and industrial (C&I) energy storage are growing, and customers need safe, reliable battery systems that maximise value throughout their lifecycle, says Cubenergy’s Chris Wu.

Gilkes Energy has been awarded planning consent for its Earba Pumped Storage Hydro (PSH) scheme.

A 10MW/10MWh battery storage system at a wind park in the Netherlands has been relocated to a new site as part of a repowering project.

Invinity Energy Systems has been given the green light to deploy a 20.7MWh vanadium redox flow battery system in the UK, the largest in the country.

Donald Trump has announced his sweeping ‘Liberation Day’ global tariffs, with another new China tariff resulting in an effective doubling of the price of batteries and BESS imported from there to the US.

The UK saw 1,590MW/3,179MWh of grid-scale BESS projects approved last month, bringing the total approved projects to around 55.4GW/117GWh.

The system integration arm of SMA Solar and utility RheinEnergie have partnered to deploy BESS projects in Germany, with construction about to launch on the first.