Eku Energy has begun its first battery storage project in Japan, while Gore Street Capital has raised funding for the country’s first energy storage-dedicated fund.

The decision to slash energy storage de-rating factors for the next capacity market auction in Poland will not be the death knell of the market, and may actually have some positives, project developers and IPPs said.

The Bulgarian Ministry of Energy began accepting applications yesterday (21 August) in tenders for 3,000MWh of energy storage capacity.

Japan is one of the most talked-about emerging grid-scale energy storage markets in Asia, and featured prominently at the Energy Storage Summit Asia.

NHOA Energy has launched construction on a battery energy storage system (BESS) project for independent power producer (IPP) ERG in Sicily, Italy.

Independent power producer (IPP) Atlas Renewable Energy discussed its large-scale BESS projects in Chile, where gigawatts of projects are expected to come online in the next few years.

Energy storage developer Pacific Green has agreed to acquire two large-scale in-development battery energy storage system (BESS) projects in Poland, Europe.

Statkraft’s Rory Griffin writes about the challenges and opportunities encountered in developing Ireland’s first-ever 4-hour duration battery storage project, which is co-located with a wind farm.

Plus Power has closed financing for a 150MW/300MWh standalone battery energy storage system (BESS) project in Massachusetts, US.

The government of Poland has proposed a de-rating factor for battery energy storage systems (BESS) in the next capacity market auction of 57%, which one developer warned would be a ‘lethal blow’ for 2- and 4-hour projects.