A large-scale pumped hydro energy storage project in Washington State has passed a key stage of approvals, while another in South Dakota has been dropped.
Switzerland-based renewable energy firm Axpo has acquired its second energy storage development in Sweden, a co-located project with 25MW of energy storage.
Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.