Boralex, EDF and Atura Power have submitted plans for BESS projects to the Town of Greater Napanee, Ontario.

UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.

Only half of the energy storage needed to properly integrate the potential solar PV additions globally by 2030 will be deployed based on current policies, the International Energy Agency (IEA) said in its World Energy Outlook report for 2023.

Australia’s National Electricity Market (NEM) has been handed the title of “most volatile electricity market” in the world, with an urgent need for energy storage to mitigate that volatility.

Hitachi Energy has acquired Spanish power electronics and energy management system manufacturer Eks Energy (EKS) from battery storage system integrator Powin.

Electric power distribution company WEL Networks and developer Infratec have launched their grid-connected battery energy storage system (BESS) in New Zealand.

A 110MW/440MWh battery storage project in New York has been given the green light by regulators, ahead of the launch of tenders which could create a significant market opportunity in the state.

NHOA has been selected to deliver a large-scale battery energy storage system (BESS) which will play into Italy’s capacity market.

BESS with up to 4-hour duration helping to meet summer peaks, but long-duration energy storage may be key to managing winter demand.

Company valuations and developer premiums for project sales have come down in the UK market amidst rising financing costs and plummeting revenues.