Investor Macquarie’s storage platform Eku Energy’s market entry and strategy speaks to the broader emergence of storage as an infrastructure asset, which its CEO discussed with us, also giving his views on BESS capex and procurement.

Germany is currently the “hottest market in Europe today from a development perspective,” according to battery storage developer-investor BW ESS.

The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.

Modo Energy’s Wendel Hortop tells Energy-Storage.news that over 4GW of utility-scale BESS on the NEM will be in commercial operation by 2025.

Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla will supply Megapacks for a BESS project while Sumitomo will deploy a 12MWh vanadium flow battery.

The government of Estonia will financially back a 500MW pumped hydro energy storage project to meet the country’s need for long-duration energy storage, as the Baltics prepare to disconnect from Russia’s grid this weekend.

Eku Energy’s chief technology officer, Elias Saba, discusses the shift in economics of long-duration BESS in Australia’s NEM.

The government of Poland looks set to run further capacity market (CM) auctions with the specific aim of enabling gas plants to win, after BESS wiped the floor with the technology at the last auction.

Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.