Welbar Energy Storage joint venture – made up of Penso Power and Luminous Energy – has secured planning permission for a 350MW connection capacity battery storage development with a five-hour duration in the UK.

French independent power producer (IPP) Neoen has recorded €109.1 million (US$115 million) in revenue in the opening quarter of 2022 due to a strong growth in its renewable assets and energy storage.

System integrator Powin Energy has been chosen by Idaho Power to supply 120MW/524MW of battery energy storage system (BESS) projects, the state’s first utility-scale storage.

UK-based renewable energy developer Anesco will use its acquisition of a German wind and solar developer to expand into the country’s utility-scale energy storage market, CEO Mark Futyan told Energy-storage.news.

Italy-headquartered solar inverter manufacturer FIMER supplied 1MVA inverters to a solar-plus-storage project with a 18MWh battery energy storage system (BESS) in Gujarat, India.

Polarium, a Swedish manufacturer of lithium-ion based battery energy storage systems (BESS) technology, has been valued at over a billion dollars.

Zenobē has begun construction of its 50MW/100MWh battery storage asset in Scotland.

NTPC has launched a battery storage tender, just a few days after the Solar Energy Corporation of India began a similar solicitation process.

The US Department of Energy (DOE) has formally launched a US$3.16 billion grant funding opportunity for its domestic battery supply chain, the latest in a series of moves to support the sector.

FreeWire Technologies, a battery-integrated EV charging solution provider, has raised US$125 million in new capital from global asset manager BlackRock and other investors.