The European Commission has approved a €103 million (US$125 million) package of direct grants from the government in Romania for battery storage projects.

Madison Gas and Electric has purchased a solar and battery storage plant with combined capacity of 465MW with WEC Energy Group.

The faulty activation of sprinkler system forced the decommissioning of the LG batteries which were eventually stolen from Terra-Gen’s Valley Center BESS in California, the company told Energy-Storage.news.

Energy Vault has confirmed its increased guidance for 2022, posting US$146 million in revenue of which two-thirds came in Q4.

Nispera, the asset performance management platform for renewable energy acquired by Fluence has begun managing battery storage assets.

Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.

Slovenia state-owned utility Dravske elektrarne Maribor (DEM) is planning two battery storage units totalling 60MW as well as a pumped hydro energy storage (PHES) plant.

ACWA Power and the government of Azerbaijan have signed an agreement for a battery energy storage system in the central Asian country.

Duke Energy has installed its first solar-and-battery microgrid capable of powering an entire town in North Carolina, while a mixed technology microgrid will add resilience to a new hub at JFK Airport.

Infrastructure developer and investor Equis is seeking approval for a 200MW/800MWh battery storage project in Queensland, Australia.