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Akaysha Energy has been selected for the Waratah Super Battery project in New South Wales, with Powin Energy as key equipment supplier.

Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).

Longroad Energy has secured US$500 million investment to support business model shift from “develop to sale” to ownership of renewables.

Developer Black Mountain Energy Storage (BMES) has sold 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas, ERCOT market in two months.

Japanese financial services group Orix and regional utility company Kansai Electric building large-scale battery storage system.

Joint development agreement has been signed by Macquarie’s Green Investment Group and Bluestone Energy for up to 2GW of UK battery storage.

Inaccess, which has worked on some of world’s biggest battery projects, has been acquired by renewables software company Power Factors.

‘Smart’ energy storage provider Stem finished the first quarter of 2022 with an order backlog worth in excess of a half-billion dollars.

Fluence has won another contract to use its bidding platform to maximise market participation for renewable energy facilities in Australia.