Australia’s Clean Energy Finance Corporation (CEFC) and the Octopus Group have followed up their recent development deal for a mixed renewables hub.

Experts from LCP, Apricum and law firm CMS look at the development of financing and investment in UK battery storage.

Gore Street has acquired a portfolio of eight energy storage assets in Texas.

New guidelines for procurement and utilisation of battery energy storage systems (BESS) as assets for generation, transmission and distribution and ancillary services have been published by India’s Ministry of Power.

Construction will commence in New Zealand on the country’s biggest battery energy storage system (BESS) project so far, in July.

Origin Energy has outlined how a virtual power plant (VPP) and large-scale battery storage will allow it to replace coal.

The world’s largest combined lithium-vanadium battery energy storage system (BESS), the Energy Superhub Oxford (ESO), will soon start fully trading in the UK’s electricity market, showcasing the potential of hybrid assets.

Energy storage could garner a market share of one-third by 2025 for the new, pan-European automatic frequency restoration reserve (aFRR) market, which is set to launch in the middle of this year with France and Germany mutualising capacity first.

The EStor-Lux battery site in south Belgium fully launched commercial activity in December and has successfully participated in grid frequency auctions.

Optimisation deals have been announced for battery storage systems in the UK for Habitat Energy and Centrica with developers Eelpower and Arlington Energy respectively.