US solar PV and energy storage project developer Intersect Power has closed two financing deals worth US$837 million for three battery energy storage system (BESS) projects.

NHOA Energy has launched construction on a battery energy storage system (BESS) project for independent power producer (IPP) ERG in Sicily, Italy.

Winning bids as low as IR3.41/kWh (US$0.041/kWh) have been registered in a tender for solar PV paired with battery storage hosted by the Solar Energy Corporation of India (SECI).

US-headquartered developer Pacific Green Technologies has received planning consent from the South Australian government to develop grid-scale battery energy storage systems on the Limestone Coast of South Australia.

Sun Cable has obtained its principal environmental approval from the Northern Territory government and NT Environment Protection Authority for its Australia-Asia PowerLink (AAPowerLink) interconnector.

US solar PV and energy storage project developer Strata Clean Energy has signed a long-term tolling agreement for a 150MW/600MWh battery storage project in Arizona, US.

World Bank Group has approved plans to develop Botswana’s first utility-scale battery energy storage system with a capacity of 50MW/200MWh.

Akaysha Energy has closed financing for a battery storage project in New South Wales, Australia that is planned to be in excess of 1,660MWh capacity.

The Vecco Critical Minerals Project, an AU$798 million (US$540 million) initiative aiming to unlock upstream battery manufacturing, has been declared a “coordinated project” by the Queensland government in Australia.

Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.