Investors are queuing “all the way down the street” but many require the first projects to be built before committing, Gridserve’s chief investment officer Mark Henderson has said.

Ares Infrastructure and Power has signed off on a partnership with Dimension Renewable Energy that will see both parties build and develop a portfolio of utility-scale battery energy storage projects in the state of New York.

PV Evolution Labs (PVEL), has introduced a Product Qualification Programme (PQP) for energy storage, which “identifies and validates battery-based energy storage solutions for specific applications”.

Germany-headquartered renewable energy generation company Innogy will construct its first battery storage facility in Ireland.

Asset manager Capital Dynamics has purchased the mammoth Eland solar-plus-storage complex under development by 8minute Solar Energy in California.

The success of efforts to decarbonise economies in the UK and elsewhere could hinge largely on how governments and business communities – particularly large commercial lenders – engage with the sector in 2020, a UK-based financier of solar and storage has said.

Portugal is already speeding up work to follow its record-breaking solar auction of 2019 with a fresh tender this year.

Storelectric CTO Mark Howitt puts forward the case for his company’s ‘innovative’ adiabatic compressed air energy storage, which he claims is a long duration technology complementary to other existing and advanced tech such as batteries.

Rolls-Royce Power Systems, the Germany-headquartered engines and propulsions company in the Rolls-Royce Holdings group, has taken a majority interest in microgrid and hybrid power solutions company Qinous.

Gore Street Energy Storage Fund has awarded NEC Energy Solutions both EPC and long-term O&M contracts for 100MW of storage in Northern Ireland.