The government of Bangladesh and potential investors into energy storage in the South Asian country were handed a European Union-funded roadmap for the technology’s development last week.

Eolian has taken the amount of financing it has raised in just three years since founding to more than a billion-and-a-half-dollars.

Investors Harmony Energy and JLEN have energised battery storage projects in the UK, while the government is considering a VAT exemption for home battery storage.

Multinational energy firm RWE has started construction on two battery storage projects totalling 220MW/235MWh in Germany.

Renewable Power Capital has tied up with Greenfield to deploy 500MW of battery storage in the UK, shortly after a similar deal with Eelpower.

Developer Strata Clean Energy and utility Arizona Public Service (APS) have agreed a 20-year tolling agreement for a 255MW/1GWh battery energy storage system (BESS).

Energy optimisation software provider Peak Power has received US$35 million investment, while startup Financial Machines has launched its own platform, with both targeting the US energy storage market.

Developer BlueWave talked Energy-Storage.news through the opportunities for energy storage in ISO New England (ISO-NE), one of only a few markets where ancillary services are not part of the long-term value stack.

BMW has partnered with a California utility to test out vehicle-to-X technologies, while fellow carmaker Volvo has invested in a bi-directional charging solutions provider.

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