The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.

The government of Cyprus has published guidelines for a scheme to support the deployment of approximately 150MW/350MWh of energy storage.  

NYSE-listed firm Freyr has cancelled its plans for a battery manufacturing plant in Georgia, US, following its pivot to becoming a US solar company.

Tesla has inked an MoU with the Western Australian government to develop a battery re-manufacturing facility in Collie.

A US-focused edition of energy storage news in brief, with large-scale BESS, vehicle-to-grid and optimisation updates.

A 350MW wind-plus-storage site in Tasmania, Australia, which features a 600MW/2,400MWh battery energy storage system (BESS), has been granted ‘Major Project’ status by the state’s government.

Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla will supply Megapacks for a BESS project while Sumitomo will deploy a 12MWh vanadium flow battery.

BNEF analyst Isshu Kikuma discusses trends and market dynamics impacting the cost of energy storage in 2024 with ESN Premium.

The Board of Supervisors (BoS) of Orange County, California, has enacted an emergency moratorium on the approval of any new BESS facilities proposed for unincorporated areas of the county in order to protect the “health, safety and welfare” of its residents. 

The government of Estonia will financially back a 500MW pumped hydro energy storage project to meet the country’s need for long-duration energy storage, as the Baltics prepare to disconnect from Russia’s grid this weekend.