Global battery energy storage system (BESS) integrator Fluence saw a record order intake of US$1.1 billion in the first quarter of its 2024 financial year, but slipped back into a net loss, possibly reflecting seasonality.

Solar developer Lightsource BP has energised its first BESS project, in the UK – the first of its global multi-gigawatt pipeline.

After coming down last year, the cost of containerised BESS solutions for US-based buyers will come down a further 18% in 2024, Clean Energy Associates (CEA) said.

System integrator Powin has been enlisted by oil, gas and renewable energy firm Galp to install a battery energy storage system (BESS) at a PV plant in Portugal, Powin’s first in Europe.

Energy storage developer and operator Enfinite has put the final three BESS projects, totalling 60MW, of a nine-project portfolio into operation in Alberta, Canada.

Attorney Seth Hilton discusses “a new dynamic for energy storage resources” around resource adequacy in California’s CAISO market.

Utility and independent power producer (IPP) Engie has started construction on a BESS project in Chile with a 5-hour duration.

Cubico Sustainable Investments has formed a joint venture (JV) with a local developer in Italy to develop 1GW-plus of battery energy storage system (BESS) projects.

Another roundup of news in brief from the UK’s busy energy storage market with project and financial news from Copenhagen Infrastructure Partners, Gore Street Energy Storage Fund, and a tax break for home batteries.

Independent power producer (IPP) Neoen has launched construction on a 93.9MW/93.9MWh battery energy storage system (BESS) in Sweden, the largest in the country.