The sovereign wealth fund of Qatar has agreed to invest in energy storage solutions provider Fluence in a transaction that values the technology company at more than a billion dollars.

Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.

Battery system integrators must navigate a broad array of technologies and varying market drivers when putting systems together. Andy Colthorpe speaks to Powin Energy and Sungrow about the engineering challenges involved in building lithium-ion battery storage.

The Asian Development Bank (ADB) has signed a loan deal for its first wind energy-plus-battery storage project in Thailand, which is also the country’s first private sector initiative to combine the two technologies at scale.

European Commission greenlights €3.2bn research plan by seven major states to turn continent into global battery hub even as it signals it is ready to block imports on environmental grounds.

Hans Eric Melin, managing director of lifecycle management consultancy Circular Energy Storage, provides a detailed list of the most valuable lessons the energy storage industry should be taking into account about end of life.

The pilot project, which comprises two 1MW components, has been billed by its backers as the country’s first grid-scale distributed battery system.

Schmid and Saudi companies are also planning a gigawatt-scale manufacturing facility for Vanadium Redox Flow Batteries.

Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.