Energy Vault has acquired a 150MW battery energy storage system (BESS) in Texas. Meanwhile, Jupiter Power has entered an agreement with Austin Energy to provide 100MW of electricity from a BESS facility.

Redwood Materials has closed a US$350 million Series E funding round to scale up its critical battery materials and energy storage businesses.

San Diego Gas & Electric (SDG&E) is seeking regulatory approval to acquire an operational portion of a BESS facility located in Imperial County, California, from the US development arm of German multinational energy company RWE. 

New company Lunas Energy has launched an offer for solar PV plant operators in Spain to deploy BESS on their land, as the sector struggles with curtailment and negative pricing.

Peregrine Energy Solutions has secured US$130 million from investors including the South Korean Ministry of Environment.

A pension fund will join the EBRD and EU Modernisation Fund in investing around €16 million (US$18.5 million) in a project on Croatia pairing large-scale BESS and a VPP.

Calibrant Energy will deliver a 31MW/62MWh battery energy storage system (BESS) at Aligned Data Centres’ campus in the Pacific Northwest area of the US.

The world’s largest lithium-ion company CATL has released its Q3 results, with revenue growth recovering from the previous period but its market share ‘somewhat impacted by capacity constraints’, a company executive said.

Tetchi Capellan, a pioneer of solar PV in the Philippines, discusses the country’s crucial turning point in its adoption of energy storage.

It has become harder to finance BESS projects in the US, according to Ronak Maheshwari, a director at CRC-IB.