UK energy storage investor Gresham House and the clean energy arm of utility NextEra have moved forward with battery storage projects in California, US.

Energy firm EnBW has been given the go-ahead to start work on a pumped hydro energy storage (PHES) project in Germany.

UK-based utility Octopus Energy will optimise UK battery storage projects for UAE-based Masdar, which has committed to investing £1 billion (US$1.25 million) in the country’s grid-scale market.

What has been described as the largest battery storage project to date in the state of New South Wales, Australia, has been brought online by Edify Energy.

The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.

Firm Frequency Response (FFR) auction prices in the UK have hit their lowest level since 2019 as market saturation begins to take effect, market analytics platform Modo Energy said.

A battery storage subsidiary of maritime company BW Group has committed to investing in Swedish energy storage developer Ingrid Capacity.

Clean energy trade bodies ACP, ACORE and SEIA have denounced an attempt by Republicans to roll back the Act, which has spurred unprecedented investment in the US market.

Quinbrook Infrastructure Partners has started construction on Cleve Hill Solar Park, the largest solar and energy storage project in the UK, it claimed.

German telecommunications firm Deutsche Telekom has place its second battery storage order this year, for 60MWh of systems from Intilion.