Grenergy has raised financing for the fourth phase of a solar-plus-storage project in Chile set to feature 11GWh of battery storage capacity when completed.

A green energy subsidiary of Japanese conglomerate Marubeni has brought online a megawatt-scale battery storage demonstration project in Vietnam.

National deployment targets should be set for energy storage technologies, the International Renewable Energy Agency (IRENA) Coalition for Action has said.

The Australian Energy Regulator (AER) said increased energy storage capacity will be essential to manage daily and seasonal variations in output on the National Electricity Market (NEM).

Battery energy storage systems (BESS) will play an important role in reducing curtailment issues Chile has been facing in 2024, keynote speakers said at the third edition of Solar Media’s Energy Storage Summit Latin America 2024 today.

The EU could save €9 billion a year in gas costs by deploying BESS to capture excess wind and solar, according to think tank Ember.

Developer Kona Energy has been granted consent for the construction and operation of its Smeaton BESS project in Scotland, which will total 228MW/456MWh of energy storage capacity.

REV Renewables and subsidiaries owned by NextEra Energy have reached settlement agreements with the US Federal Energy Regulatory Commission relating to alleged BESS operating violations in CAISO.

Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.

Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.