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.

Mitsubishi Power Americas’ spinout BESS solution firm Prevalon has entered into a long-term supply deal with lithium-ion battery OEM Rept.

Big investments are being made into the battery recycling sector in Europe as the continent looks to increase the domestic supply of critical materials for its lithium-ion gigafactory projects.

Harmony Energy and Fotowatio Renewable Ventures (FRV) have energised a 99MW/198MWh battery energy storage system (BESS) in Essex.