London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has secured a US$80 million increase in debt facilities for its battery storage projects.

System integrator NHOA Energy will provide Spanish transmission system operator (TSO) Red Eléctrica with 140MW/105MWh of BESS for two separate storage-as-transmission projects on the Balaeric Islands.

Avadis Investment Foundation is buying a BESS project in Switzerland which could be the country’s largest when it is scheduled to come online in 2027.

The government of Cyprus has confirmed financial support will be made available for renewable energy projects paired with energy storage.

Steag subsidiary Iqony and Fluence will deploy a 50MW/200MWh BESS project in Germany, part of which will be contracted under a PPA with train network operator Deutsche Bahn.

Global decarbonisation targets are impossible without increasing the pace of long-duration energy storage (LDES) adoption 50 times over by 2040, according to the LDES Council.

Industry sources including ex-Fluence executives discuss what the next era for the rapidly-evolving BESS technology landscape looks like, including the move to AC blocks and changing battery cell sizes.

Developer Rolwind has won a favourable environmental impact assessment (EIA) result for a 200MW/800MWh BESS in Spain, the first standalone one to do so and the largest in the country, it claimed.

A group of investors and utilities from Switzerland and Germany have inaugurated a 100MW/200MWh BESS project in Bavaria, Germany, deployed by Fluence – concurrent with separate announcements from S4 Energy and EnBW.

National deployment targets should be set for energy storage technologies, the International Renewable Energy Agency (IRENA) Coalition for Action has said.