Ireland-headquartered long-duration energy storage (LDES) company Corre Energy has acquired its first in-development project in the US.

CIP and Amberside Energy have partnered to develop a 2GW portfolio of solar and battery storage projects across the UK.

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

Sustainable infrastructure investment fund manager SUSI Partners has acquired ready-to-build battery energy storage system projects in Texas.

Aware Super has identified a “significant strategic opportunity” to invest in an energy storage project developer.

Battery storage is the most obvious medium-term solution to help stabilise the grid and act as a catalyst to enable renewable energy.

Polarium, a Swedish manufacturer of lithium-ion based battery energy storage systems (BESS) technology, has been valued at over a billion dollars.

Genex Power has “secured the final piece” of its project finance package for Bouldercombe Battery Project in Queensland. 

EDF battery storage asset in England has been sold alongside its combined cycle gas turbine (CCGT) power station, to institutional investor EIG.

Northvolt has now raised in excess of US$3.5 billion of financing towards its aim of establishing 150GWh of advanced battery manufacturing facilities in Europe by 2030.