Europe’s biggest battery storage system earned £2.3 million (US$2.85 million) revenues in Q1 2023.

Last week, two significant milestones in the emergence of a market for large-scale battery storage on the grid were laid in Ontario, Canada.

The first contract awards for Ontario’s expedited procurement have been announced, in which 739MW of battery storage bids were successful.

Another edition of news in brief, this time from the UK’s booming large-scale battery energy storage system (BESS) market.

Firm Frequency Response (FFR) auction prices in the UK have hit their lowest level since 2019 as market saturation begins to take effect, market analytics platform Modo Energy said.

The massive buildout of battery storage in the ERCOT, Texas market and the risk of market saturation was a huge talking point at Energy Storage Summit USA last month.

Soltech Energy Solutions is installing a 12MW/12MWh battery storage unit in Sweden for municipal energy firm Nybro Energi, set to come online before the end of the year.

It is “vital” that energy storage systems are incorporated into the energy infrastructure of the Philippines, president has said.

Energy-Storage.news proudly presents our webinar with GridBeyond focusing on managing utility-scale battery storage assets.

The UAE should deploy 300MW/300MWh of battery energy storage system (BESS) capacity in the next three years, according to one of its main utilities EWEC.