American Battery Solutions, a US company specialising in EV and commercial & industrial (C&I) battery energy storage solutions, has launched a new product for the grid-scale market.

Many of the battery gigafactory projects in Europe are likely to see delays, Energy-Storage.news has heard.

A 230MW battery energy storage system (BESS) from NextEra Energy Resources, part of a large solar-plus-storage project, has come online in California.

Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA) which passed today.

European energy storage is still held back by regulation but Greece is a bit further ahead, specialist battery insurance group Altelium told Energy-Storage.news while discussing take-up of its new product.

VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.

The World Bank has provided guarantees for US$24 million of equity and shareholder loan investments into a 20MW solar-plus-storage project in Malawi.

The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report.

State-owned Irish electric utility ESB has opened a 19MW/38MWh battery energy storage system (BESS) in Aghada, County Cork, provided by system integrator Fluence. 

Energy asset developer Rise Light & Power will redevelop its 2,480MW Ravenswood Generating Station – New York City’s biggest power plant – as a new renewable energy hub including on-site energy storage.