The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in 2026.
The government of Chile will launch a bill this year to procure large-scale energy storage systems for commissioning in 2026 totalling US$2 billion of investment, on top of 5GWh already being sought for 2027-28.
Energy optimisation software provider Peak Power has received US$35 million investment, while startup Financial Machines has launched its own platform, with both targeting the US energy storage market.
Switzerland-based renewable energy firm Axpo has acquired its second energy storage development in Sweden, a co-located project with 25MW of energy storage.
French renewable energy company Voltalia has completed the expansion of a renewable energy plant in French Guiana, adding a battery energy storage system (BESS) of 10.6MWh.
Global battery storage system integrator Powin and recently-launched EPC firm Linxon have secured battery storage project contracts in ERCOT, Texas, totalling 400MWh and 200MWh respectively.
The Iowa Utilities Board (IUB) has given the green light to a solar and storage project from National Grid Renewables, with a 50MW battery energy storage system (BESS).
Quinbrook Infrastructure Partners has started construction on Cleve Hill Solar Park, the largest solar and energy storage project in the UK, it claimed.
