UK investment management firm Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.

Along with TEPCO, Mercom named other major utilities and companies with a background in oil and gas as investors in the battery storage sector during the quarter.

Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.

A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.

Energy storage firm redT has landed more than £3 million (US$3.92 million) from an open share offer, effectively securing its immediate future.

The ‘world’s first dedicated energy storage infrastructure fund’ will invest in California battery energy storage projects, with Macquarie set to sell 50% of a 340MWh tranche to the fund’s owner, SUSI Partners.

China’s BYD has signed a deal which could see up to 100MWh of its systems deployed in Mexico as part of a distributed energy and large-scale solar buildout by finance group Pireos Capital.

A green bond has been issued in Australia that will give people the chance to invest in energy storage for the first time.

Unlike the solar PV sector where there’s often an attitude of “let’s sell the project first and worry about O&M later,” storage projects must have services built in to the thinking and financial process from the beginning. With storage, a strong O&M plan and team become part and parcel of making and closing a strong productive deal, NEXTracker’s Marty Rogers argues.

Nippon Koei, one of Japan’s largest engineering firms, has formed a joint venture with a British battery storage firm to construct two 50MW behind-the-meter energy storage projects in the UK.