Chang Jae Won of the Korea Smart Grid Association believes companies lack a model for recovering their investment in DC energy storage.

Hydrostor has secured US$55 million in funding from Export Development Canada (EDC) to advance development activities for its 200MW/1,600MWh Silver City Energy Storage Centre project in Broken Hill, New South Wales, Australia.

Australia’s Capacity Investment Scheme (CIS) has awarded 4.13GW/15.37GWh of battery storage capacity in its third tender round, exceeding initial targets and attracting 135GWh of bids.

President of the Philippines, Ferdinand Marcos Jr., was in attendance as the country’s first ‘baseload’ power plant to combine solar PV and battery storage officially went into action.

IPP DTEK Group and system integrator Fluence have together put a 200MW/400MWh BESS portfolio in Ukraine into commercial operation, a milestone praised by the country’s energy minister Svitlana Grinchuk.

Major BESS route-to-market (RTM) deals have been announced in Poland, by Greenvolt and Entrix, and in Italy, by Zelestra and BKW.

“Social licensing is the next frontier for battery energy storage systems,” said Matt Baumgurtel, partner, new energy lead at Hamilton Locke.

A 12GWh pumped hydro project and a 1,200MWh battery energy storage system in New South Wales (NSW) have been submitted to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Chinese solar PV inverter and energy storage provider Sungrow has deployed two C&I community batteries, marking the first in South Australia to undergo Common Smart Inverter Profile for Australia (CSIP-AUS) testing.