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.

Zenobē has begun construction on three battery storage projects in Scotland which will total £750 million (US$892 million) of investment.

Recently-formed developer Innovo Group is targeting a 1.5GW/9GWh lithium-ion BESS development portfolio in Italy and UK, with the first system in central Italy online in Q1 2024.

Investor Fotowatio Renewable Ventures (FRV) has acquired a 600MW portfolio of battery energy storage system (BESS) projects in development in Greece.