The Asian Development Bank (ADB) multilateral finance institution has approved a loan to upgrade Sri Lanka’s grid infrastructure.

Philippines president Ferdinand Marcos Jr attended as construction began on what is thought to be the world’s largest power plant to combine solar PV and battery storage.

France-headquartered IPP and utility EDF has secured financial close for the second and third of a three-project BESS portfolio in South Africa, projects that won long-term contracts under the country’s BESIPPPP scheme.

NextEra Energy Resources (NEER) has become the next IPP to seek approval of a renewable energy development incorporating battery storage via the California Energy Commission’s (CEC’s) opt-in process, as permitted under Assembly Bill (AB) 205. 

The accelerating global demand for battery storage is driving the construction of factories in Southern Europe, and Soria, a province in the northeast of Spain, welcomes your proposals. 

We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.

Solar PV and BESS firm Canadian Solar will build a BESS and cell manufacturing facility in Kentucky, in a factory which was recently vacated by metal-hydrogen battery company EnerVenue.

Australia has signed climate action and renewabele energy partnerships with India and the UK, which both include energy storage.

Plans for a 400MW standalone BESS in Howard County, Indiana, proposed by Spearmint Energy faced a major setback last week.

The Ministry of Energy of Uzbekistan has signed an Implementation Agreement (IA) with ACWA Power for battery energy storage system (BESS) projects.