Infrastructure investor InfraVia has bought a majority stake in Giga Storage, a Netherlands-headquartered BESS developer which is building a 2.4GWh project in Belgium.

Inverter and BESS company Sungrow has signed a deal with developer Nofar Energy for a 230MWh project in Saxony-Anhalt, Germany.

US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has reaffirmed revenue guidance and expects to achieve a positive contribution margin this year.

UK BESS owner-operator Gresham House Energy Storage Fund has put a 50MW/50MWh project into commercial operation in Lancashire.

Renewable energy developer and operator Apex Clean Energy has completed a US$150 million financing with First Citizens Bank for two ERCOT, Texas battery energy storage system (BESS) projects.

US asset manager Stonepeak has entered Japan’s energy storage market, forming a partnership with CATL-backed developer CHC.

The Australian federal government’s 2024-2025 budget includes a major investment in clean energy manufacturing and an energy bill rebate for households.

Utility DTE Energy has launched a request for proposals (RFP), seeking approximately 120MW of standalone energy storage projects in its Michigan, US, service area.

UK battery energy storage system (BESS) developer-operator Statera has submitted a planning application for a 500MW project in Oxfordshire, England.

Paper product company Arctic Paper has tied up with developer S.E.R to deploy BESS projects for ancillary services totalling 24MW at two of its factories in Sweden, with plans to do something similar in Poland.