Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country.

A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.

The Asian Development Bank (ADB) will lend the Georgia government US$104 million to support a transmission-connected battery energy storage system (BESS) project.

The US will provide US$85 million in foreign aid to the Republic of Moldova for battery energy storage system (BESS) projects as well as high voltage transmission line upgrades, secretary of state Anthony Blinken said last week (29 May).

Energy-Storage.news Premium speaks with Warwick Johnston, founder of solar energy consultants Sunwiz, on Australia’s distributed battery storage market dynamics.

Energy security concerns are very real, but jumping into a ‘dash for gas’ would be a mistake, and LNG is not the answer, writes Eric Dresselhuys, CEO of ESS Inc.

Cost and availability of raw materials is the biggest among a number of challenges that must be addressed if US-made products will be able to meet demand for battery storage in the country.

Samantha McGahan of Australian Vanadium on the electrolyte, which is the single most important material for making vanadium flow batteries.

It is “vital” that energy storage systems are incorporated into the energy infrastructure of the Philippines, president has said.