Utility and IPP Enel has sold a 49% stake in its subsidiary that will own and operate 1.7GW of battery energy storage system (BESS) projects in Italy, to investor Sosteneo.

The US Department of Energy (DOE) will allocate over US$366 million for 17 clean energy projects in rural and remote areas in the US. 

Energy Vault has connected its first commercial EVx gravity-based energy storage system to the grid in China, while construction has been launched on three others, all-in-all totalling 468MWh of capacity.

This Friday Briefing covers how advanced inverters can impact CO2 levels and why fire safety is a topic the industry can tackle together.

The Energy Storage Awards (ESAs) aim to reward excellence and hard work in the European industry, recognising the pioneering spirit and dedication to positive change it represents. Now in their fourth year, the Energy Storage Awards are brought to you by Solar Media, publisher of global energy storage industry website Energy-Storage-News, and host of events including the Energy Storage Summit series in the UK, US, Asia and Australia.

Italy grid-scale energy storage market opportunities unlike anywhere else, but many challenges and uncertainties around the different revenue streams remain, including the upcoming MACSE capacity market auction.

UK firm G2 Energy is moving into full BESS wrapped EPC services under its new owner Mitie, having focused on a grid connections and balance-of-plant (BOP) engineering services prior to its predecessor company’s bankruptcy last year, CEO Kelvin Ruck said.

Fluence has been issued the required Notice to Proceed on a battery storage project in Australia, which will provide inertia services via the system’s advanced inverter equipment.

Energy Storage Canada (ESC) is “thrilled” that the Canada Infrastructure Bank’s (CIB’s) investment into a large-scale battery storage portfolio will enable Indigenous communities to hold a stake in it.