World Bank Group has approved plans to develop Botswana’s first utility-scale battery energy storage system with a capacity of 50MW/200MWh.

The Vecco Critical Minerals Project, an AU$798 million (US$540 million) initiative aiming to unlock upstream battery manufacturing, has been declared a “coordinated project” by the Queensland government in Australia.

Powin will supply 880MWh of its BESS technology for a project developed by US utility DTE Energy in Michigan, US.

Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has received a strategic investment from HMC Capital, an ASX-listed asset manager.

ARENA has approved US$94 million in funding for community battery energy storage installations in Australia.

The first community battery energy storage system (BESS) has been switched on as part of the ‘Power Melbourne’ initiative in Australia.

Transgrid, has indicated that 4.8GW of grid-forming BESS will be necessary to stabilise the grid in New South Wales to support renewable energy deployment.

NHOA Energy signed an agreement with Statkraft to supply a battery energy storage systems (BESS) for a 113MWh project in Coylton, Scotland.

TWAICE has partnered with NARDAC to bolster insurance coverage for battery energy storage system (BESS) asset owners, investors and lenders.

The state of Queensland, Australia, has committed to investing AU$448 million into battery storage technology at a coal power plant.