Saudi-based independent power producer (IPP) ACWA Power has signed a PPA with government bodies in South Africa for a solar-plus-storage project with a 1,200MWh BESS.
UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.
The US Department of Energy Loan Programs Office (LPO) is continuing to work with battery recycling firm Li-Cycle on its loan application, a spokesperson told Energy-Storage.news, after Republican lawmakers questioned the LPO director’s role in granting the loan to the firm.
Developer Kyon Energy has sold 194.7MW of battery energy storage system (BESS) projects in Germany to investor Obton, including one it recently claimed was the largest in Europe.
The Abu Dhabi sovereign investor Mubadala Investment Company has announced a strategic investment in UK-headquartered battery energy storage and EV fleet solutions provider Zenobē.
The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK’s.
Energy Dome, the startup commercialising a proprietary carbon dioxide-based long-duration energy storage (LDES) tech called the CO2 Battery, has secured investment into a grid-scale project.
Financial commitments into utility-scale battery storage in Australia plummeted to just 13MW in Q3, although roughly ten times as much large-scale storage in megawatts have been commissioned so far this year compared to last.
The UK government has published its ‘Battery Strategy’, setting out measures to facilitate the growth of a domestic battery industry to support the EV and energy storage system (ESS) sectors.
