Evolving market dynamics in ERCOT and CAISO, the two leading US electricity markets for battery storage, call for smart optimisation strategies, write Ali Karimian and Alden Phinney of GridBeyond.

PowerChina has begun construction on what is claimed to be the world’s largest generation-side electrochemical energy storage project.

FlexGen Power Systems (FlexGen) has bid to take over rival US system integrator Powin during the latter’s Chapter 11 bankruptcy proceedings.

Ex-Tesla CTO’s battery recycling and materials company Redwood Materials has launched a new business unit to repurpose second-life EV batteries for energy storage.

Utility Ignitis Group has taken a final investment decision (FID) on three large-scale battery storage projects in Lithuania.

A lithium-sulfur battery startup has purchased Northvolt’s battery storage system factory in Poland and intends to reopen it immediately.

The Energy Security Corporation has officially launched in New South Wales, Australia, with an initial funding allocation of AU$1 billion.

Developer Atmos Renewables has successfully achieved financial close on its 400MWh Merredin battery energy storage system (BESS) in Western Australia.

Spanish developer and independent power producer (IPP) Zelestra has reached financial close for its hybrid 1GWh BESS and solar PV plant in Chile.

Battery energy storage system (BESS) developer Giga Storage has acquired a 350MW/1,400MWh BESS asset in Germany, marking an expansion into the broader European energy storage market.