Hecate Grid, an independent power producer (IPP) developing utility-scale battery storage assets, has raised US$98.9 million through lenders.

Portugal-based utility EDP has received clearance to deploy a 1MWh vanadium redox flow battery (VRFB) system as part of a hybrid energy storage project at the site of a retiring gas plant in Asturias, Spain.

Slovenia state-owned utility Dravske elektrarne Maribor (DEM) is planning two battery storage units totalling 60MW as well as a pumped hydro energy storage (PHES) plant.

“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).

B2U Storage Solutions has further expanded its in-house second life energy storage project in California to 25MWh, an alternative approach to peers which president Freeman Hall explained to Energy-Storage.news.

Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.

CIP and Amberside Energy have partnered to develop a 2GW portfolio of solar and battery storage projects across the UK.

Residential solar and battery installer Sunrun has partnered with California utility PG&E to create a new virtual power plant (VPP) combining up to 30MW of new and existing home PV and battery systems for grid reliability.

Utility-scale solar PV developer Westbridge Renewable Energy has kicked off development of its fifth solar-plus-storage project in Alberta, Canada.

Peak Power, an Ontario-based C&I-focused energy storage and software firm, has secured a US$200 million financing agreement with Madison Energy Investments (MEI).