The Republic of Maldives has launched a tender process, seeking to procure battery energy storage systems (BESS) in an energy transition project supported by Asian Development Bank (ADB) funding.

UK energy infrastructure development company Carlton Power has secured planning consent for a 2,080MWh battery energy storage scheme (BESS).

The battery energy storage system (BESS) subsidiary of Canadian utility Hydro-Québec, EVLO Energy Storage, has announced its first project in the US.

System integrator Ameresco has secured a 313MWh battery energy storage asset agreement with Colorado electric cooperative United Power.

The International Finance Corporation (IFC) has signed a US$400 million loan to ENGIE Energía Chile S.A. (ENGIE Chile) to fund the installation of new Battery Energy Storage Systems (BESS).

China-based, energy storage-focused lithium-ion battery manufacturer Hithium has raised US$621 million from private investors.

The US National Renewable Energy Laboratory (NREL) has updated its long-term battery energy storage system (BESS) costs through to 2050, with costs potentially halving over this decade.

The energy storage arm of PV module giant Canadian Solar will supply 363MWh of its battery energy storage systems (BESS) to developer Aypa Power for a project in Texas.

BESS projects in the US need to be 40% US-made to qualify for the ITC domestic content adder, rising to 55% from 2027 onwards, the IRS has said.

Pomega is selling the future offtake from its South Carolina ESS gigafactory into a market with “a lot of scepticism about whether US battery cell production is viable”, its VP business development told Energy-Storage.news.