ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.

Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.

During first China-Arab States Summit, Sungrow signed battery storage supply agreement for Saudi Arabia’s new ‘smart city’ megadevelopment.

A global battery storage development platform has been launched by Macquarie Asset Management’s Green Investment Group (GIG).

Steps forward have been taken New South Wales, Australia, for the largest battery storage system anywhere in the Southern Hemisphere.

Neoen has proposed building a gigawatt-scale BESS in a region of Australia with close and continuing ties to the coal industry.

A real estate and infrastructure investment arm of BlackRock has committed to investing US$700 million into Akaysha Energy’s pipeline.

The Department of Planning and Environment in New South Wales gave development approval to a proposed 500MW/1,000MWh battery storage project.

Generate Capital has acquired US large-scale battery storage developer esVolta.

Quinbrook developing A$2.5 billion ‘Supernode’ site in Queensland for storing energy and data that would include 2,000MWh of battery storage.