Microsoft’s project to equip a data centre with a ‘grid-interactive’ battery storage system shows “what is possible”.

Vehicle-to-grid (V2G) firm Nuvve will use its platform to manage 40MW of EV chargers and battery storage capacity in frequency regulation markets in Norway and Denmark.

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

Large-scale battery storage systems will be used to increase the efficiency of natural gas peaker plants in California.

Despite macroeconomic challenges, Gore Street’s asset value surged 45% over six months as ancillary service revenues stayed strong.

Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.

Developers OX2 and Ingrid Capacity have started work on two battery storage projects totalling 60MW of power in Sweden.

A 49MW battery storage system has just been commissioned at a floating diesel power plant in Mindanao, Philippines.

Energy crisis resulted in high ancillary services revenues for battery storage, with some assets earning four times more than expected.

The Philippines Department of Energy (DOE) and regulators are considering changing rules governing ownership of grid-connected energy storage systems.