Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system (BESS) in Texas.

The government Department of Energy (DOE) of the Philippines has opened the initial steps of an auction scheme for renewables paired with energy storage.

Billion Watts Technologies, the solar and energy storage subsidiary of Taiwan’s Billion Electric, has completed a 64MW/262.43MWh battery energy storage system (BESS) in central Taiwan.

Ark Energy has penned a battery supply agreement with Hanwha Energy for a 275MW/2,200MWh BESS in northern New South Wales, Australia.

We hear from startup Volklec which, like another European battery company Elinor, will build its batteries with a Chinese technology and manufacturing partner. They both say this will get around the challenges that ultimately doomed Europe’s first wave of battery startups, with Northvolt today declaring bankruptcy in Sweden.

The European Commission has given the go-ahead to a scheme in Czechia that will support the deployment of 1.5GWh of energy storage projects.

AGL Energy has submitted a 3,200MWh PHES project in New South Wales to the Australian government’s EPBC Act.

Greek renewables developer Metlen Energy & Metals has secured three battery energy storage system EPC contracts in Chile.

EPC firm Suvic has been enlisted by UK-based IPP Renewable Power Capital (RPC) for a 50MW/100MWh BESS in Finland using Sungrow technology.