Developers who buy or flip battery storage projects mid-life risk inheriting decommissioning liabilities they had not properly accounted for.

NextEnergy UK has acquired a 107MW/151MWh portfolio of standalone battery energy storage system (BESS) projects in the UK.

Hitachi Energy has acquired Spanish power electronics and energy management system manufacturer Eks Energy (EKS) from battery storage system integrator Powin.

US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, according to reports.

French multinational utility ENGIE has agreed to acquire the battery storage business of US developer Broad Reach Power.

Banpu NEXT is targeting the Asia-Pacific region’s battery-based clean energy opportunities with battery manufacturer Durapower.

Aypa Power has bought two “late-stage development” battery storage projects in Indiana, US, from Blue Steel Power.

Shell Energy Australia will build, own and operate a planned 500MW/1,000MWh battery storage asset at former coal plant.

News of major project acquisitions in another busy week for the UK battery storage market.

Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.