Finnish marine and power technology firm Wärtsilä has ended an 18-month long strategic review of its Energy Storage and Optimisation (ES&O) business, a process which could have led to the firm divesting it.

Utility Pacific Gas and Electric (PG&E) has announced intent to award up to US$43 million in grant funding for nine new community-driven microgrids in California, US. 

BloombergNEF (BNEF) has found that utility-scale BESS uptake in Australia could increase eightfold to 18GW in 2035, up from 2.3GW in 2024.

KNESS has secured a €9.6 million (US$10.35 million) loan from Oschadbank for a battery storage project in Ukraine.

Fluence will use its AI-powered bidding optimisation software Mosaic to co-optimise Gentari’s 172MW Maryvale solar+BESS site in Australia.

Equis Australia claims it has secured New South Wales’ first merchant BESS debt financing for a 500MWh BESS in Australia.

Netherlands-based startup Moonwatt plans to commercialise an energy storage solution for hybridisation with solar using two big technological deviations from today’s industry standard – we hear more from the firm’s CEO and COO.

Dr Emi Gui of the Monash Energy Institute believes there’s a void in the market for an entity to drive Australia’s community batteries.

There will be ‘foundational’ shifts in the US’ two largest renewables and energy storage markets this year, California (CAISO) and Texas (ERCOT), significantly affecting battery storage market participation.

Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.