Macquarie-backed Eku Energy has completed the financing on its first battery energy storage system (BESS) project in Japan.

Australia’s national Clean Energy Finance Corporation has invested to help a 100MW/200MWh battery storage project reach financial close.

News in brief from a busy week for the UK’s energy storage industry.

Africa-based independent power producer (IPP) Globeleq said financial close has been achieved on a solar PV project in Mozambique which will be integrated with energy storage. 

Financial close has been reached for a 25MW / 100MWh battery energy storage system (BESS) project in Belgium which has also been successful in a grid capacity auction alongside gas-fired power plants.  

UK renewable energy and energy storage company Anesco is to build and maintain 100MW of battery energy storage for investors JLEN and Foresight Solar Fund Limited (FSFL).

After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.

Maoneng Australia has said energy storage can improve the reliability of solar and “minimise the technical and commercial impacts” of electric system modernisation, as the developer broke ground on a 255MW solar project in New South Wales, Australia.