Enervenue, the US company commercialising technology adapted from nickel-hydrogen batteries used in space exploration, has signed a three-year Master Supply Agreement (MSA) with a customer in Brazil.

The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.

Further details about Brazil’s largest battery storage project to date have been revealed including its integrators and equipment providers.

A 30MW battery energy storage system has been inaugurated by transmission system operator (TSO) ISA CTEEP in Brazil.

Australian startup MGA Thermal has bagged around US$1 million in government funding for a 5MWh thermal energy storage project while Israel-based Brenmiller Energy has inaugurated a 1MWh unit in Brazil.

Hitachi ABB Power Grids has signed a collaboration agreement on battery energy storage for renewable energy projects in the Americas, with Atlas Renewable Energy.

Lithium and sodium sulfur batteries will be used for the first time in new territories, after NEC ES and NGK inked deals to deliver projects to an island archipelago in Brazil and in Dubai respectively.

ESS Inc, US maker of the only flow battery that uses a battery chemistry based on iron and saltwater electrolytes, is making its first incursion into the Brazilian energy storage market.

Multinational utility Engie will install a 1MW / 4MWh Eos Energy Storage zinc hybrid cathode battery system in Brazil and is expected to “exercise the system to its operational boundaries”.

Around 90 companies, including EDF, Enel and Engie, have expressed interest in financing and implementing research and development (R&D) projects relating to energy storage integration in Brazil, according the country’s energy regulator ANEEL.