IPP Eolian has closed a US$463 million financing package to support the continued construction of Padua 2 and Padua 3, two battery energy storage systems (BESS) totalling 350MW/1.7GWh in Bexar County, Texas.

Thermal energy storage (TES) technology company Kyoto Group’s latest project will displace the use of natural gas at a corn processing plant in Hungary, Europe.

Spanish IPP Grenergy has begun construction on a 340MW solar project with 960MWh of energy storage in El Cabrero, located in Chile’s Biobío region. 

Developer Epic Energy has commenced commercial operations at its 100MW/200MWh Mannum battery energy storage system (BESS) in South Australia.

Residential energy storage startup Base Power has raised US$1 billion in Series C financing from venture capital fund Addition.

Chinese lithium-ion OEM Hithium will push forward with its planned IPO on the Hong Kong Stock Exchange (HKEX).

Australia’s most powerful BESS, the 850MW Waratah Super Battery, achieved its first full discharge to the NEM last week.

On 10 October, electricity prices in New South Wales, Australia, reached the Market Price Cap of AU$20,300/MWh (US$13,307/MWh).

Honeywell, LS Electric, esVolta, Sitetracker, PairedPower, PHNXX, and Energy Toolbase are collaborating on new initiatives to advance energy storage installations across the US.

BESS asset management in the UK has moved beyond the rudimentary ‘project delivery and basic O&M’ approach, a speaker at the upcoming Battery Asset Management Summit UK & Ireland explained in a Q&A.