Confirming reports made earlier this week, UK battery storage developer Zenobē Energy has secured c.£600 million from investment firm KKR.

Developer Flexen has put 1GW of standalone battery energy storage system (BESS) projects into the interconnection queue in Chile, the first of that scale in the country, the firm claimed.

New regulations governing the production, sale and use of batteries in the European Union (EU) came into force last month, with energy storage industry associations welcoming their introduction.

Developer NGEN Smart Grid Systems has completed a 10.3MW/20.6MWh standalone battery storage project in Austria, the largest in the country, it claimed.

CEE-based developer and independent power producer (IPP) Woodburn Capital is deploying a co-located battery storage project in Croatia, with final regulations around connecting batteries to the grid expected imminently.

The Chilean arm of France-based multinational utility Engie has started construction on a 68MW/418MWh battery energy storage system (BESS) at an operational solar PV plant.

Proposed new ancillary service market rules could adversely impact business case for battery storage, Cornwall Insight Australia says.

South Korea last week launched a competitive solicitation for large-scale energy storage systems on Jeju Island, a southern province of the country.

Enel Green Power Chile has started construction on a solar-plus-storage project with a 67MW battery energy storage system (BESS).