MoU signed by subsidiary of India’s Oil & Natural Gas Corporation (ONGC) for a large-scale battery storage project in Assam.

Dominion Energy South Carolina has contracted a power purchase agreement for US$200 million solar-plus-storage power plant in the state.

The California Independent System Operator (CAISO) has enacted market rule changes to make it easier for energy storage to provide grid ancillary services and help grid reliability.

ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.

During first China-Arab States Summit, Sungrow signed battery storage supply agreement for Saudi Arabia’s new ‘smart city’ megadevelopment.

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.

MidAmerican’s plan to continue burning coal at five Iowa power plants environmentally harmful, more costly than low-carbon alternatives.

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On-time commissioning for the 100MW/150MWh Wandoan South BESS came amid serious challenges.