Lithium-ion battery pack manufacturer Dragonfly Energy expects revenues to increase 47% this year, during which it will complete a Nasdaq listing through a SPAC merger, before doubling in 2023.

Joint development agreement has been signed by Macquarie’s Green Investment Group and Bluestone Energy for up to 2GW of UK battery storage.

Construction has begun on a solar-plus-storage project on the Caribbean island of St. Kitts & Nevis, backed by Leclanché, Solrid and MPC Energy Solutions.

UK-based Connected Energy has raised £15 million (US$18.4 million) from five new investors to help scale up its second life-based battery energy storage system (BESS) solution.

The Inter-American Development Bank and Norwegian Agency for Development Cooperation are investing up to US$83.3 million in eight solar PV projects in Guyana with 34MWh of co-located energy storage.

Crossboundary Energy Access, an investment platform which is project financing solar-powered mini-grid projects in rural Africa, has secured US$50 million funding.

News in brief from around the world in energy storage.

Inaccess, which has worked on some of world’s biggest battery projects, has been acquired by renewables software company Power Factors.

NextEra Energy decarbonisation strategy includes eliminating all scope 1 and 2 emissions from its operations by 2045 without carbon offsets.

Solar and storage EPC and O&M provider Borrego has completed the construction of 15 solar-plus-storage projects across New York and Massachusetts totalling 169MWh, for AES Corporation.