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.

Canada-based renewable energy firm Boralex has turned on a 3.3MWh battery storage unit attached to a wind farm in France.

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).

Renewable energy developer Ameresco and EPC contractor Sunel Group will together bid on 1.5GWp of solar and energy storage projects across Europe.

Quinbrook Infrastructure Partners has started construction on Cleve Hill Solar Park, the largest solar and energy storage project in the UK, it claimed.

Why recent awards of pre-licensing for large-scale projects in Turkey mean a “very promising market” for energy storage is about to open.

Development banks IFC and AfDB have financed co-located projects in Malawi and Eritrea which collectively total 25MW of energy storage.