The Spanish Ministry of Ecological Transition (MITECO) has allocated €85 million (US$91 million) to develop 51 renewable energy generation and storage projects on the Canary Islands.

Energy-Storage.news speaks with Jeff Bishop, CEO of Key Capture Energy about Michigan’s new energy storage target and why the Midwest could be the US’ biggest BESS market-in-waiting.

The UK government’s recently announced national Battery Strategy was intended as a roadmap to establishing a competitive value chain.

At COP28 last week, 11 countries joined a global consortium aimed at securing 5GW of battery energy storage deployments in low or middle-income countries.

The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK’s.

A national solar energy industry association has criticised the UK government’s newly-released Battery Strategy for paying “insufficient attention” to opportunities presented by battery energy storage systems (BESS).

Energy Dome, the startup commercialising a proprietary carbon dioxide-based long-duration energy storage (LDES) tech called the CO2 Battery, has secured investment into a grid-scale project.

Norway-based IPP Scatec has won preferred bidder status for a 103MW/412MWh battery energy storage system (BESS) project in South Africa, part of a 513MW tender.

Work has begun on a 600MW/1,600MWh BESS by the State Electricity Commission (SEC), an entity owned by the Australian state of Victoria.