Energy storage fund investment manager Gore Street has released its full-year results, reiterating how internationalisation helped it weather falling revenues in the UK – though not enough to maintain its dividend level.

Vehicle-to-grid (V2G) specialist The Mobility House is moving into large-scale BESS project development and optimisation in Germany, starting with a 750MW project.

Germany-based commercial & industrial (C&I) BESS provider Tesvolt has won its largest order to-date, for a 65MWh project in Rhineland-Palatinate.

Germany has awarded 512MW of capacity to solar-plus-storage projects in its most recent Innovation Tender auction.

Swiss investment fund and project development vehicle MW Storage has contracted Fluence to supply and integrate a 20MW battery storage asset in Finland.

Trina Storage’s new 10MWh battery storage product is claimed by the company to be the first in the US to include full cell-to-AC system integration from a single vendor.

The process of developing energy storage projects in Germany is about to get longer and there is a risk it grinds to a halt as the market matures and regulations are made, developer BayWa r.e. told Energy-Storage.news.

A renewables-only subsidiary of utility Eneco and developer Energisto have revealed a battery energy storage system (BESS) joint venture in Germany, which expects construction permits for up to 400MWh of projects this year.

A double-header of big news from Germany, with construction starting on a ‘Grid Booster’ BESS from TransnetBW and Fluence and the EU putting €58 million towards a project that will combine green hydrogen and iron flow battery storage at scale.

The EV charging and energy solutions arm of Volkswagen Group is entering the large-scale BESS market, with individual projects up to 350MW/700MW in size and the first, in Germany, planned for next year.