Investment firms PASH Global and ERIH Holdings have formed a joint venture (JV) to develop utility-scale solar and battery storage projects in Paraguay.

The Energy Storage Summit 2023 was attended by more than a thousand delegates and featured a veritable who’s-who of the sector.

Some 100-200MW of grid-scale battery storage could come online in Sweden this year, local developer Ingrid Capacity told Energy-Storage.news.

Hitachi Energy has installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands for utility SEV, with substantial benefits to a connected wind farm.

Huge wind power deployments and the limitations of the existing fleet of pumped hydro energy storage (PHES) are driving the battery storage market in Finland, a local system integrator said.

One of Belgium’s largest battery energy storage system projects so far has been brought online at the site of a former coal power plant.

The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.

Developer Available Power and Linxon, a joint venture between engineering firm SNC-Lavalin and Hitachi Energy, are targeting 1GW of battery storage projects in the ERCOT, Texas market.

West Virginia governor Jim Justice has signed off on a US$105 million grant to Form Energy for its iron-air battery plant in the state in a ceremony.

The US Department of Energy’s Loan Programs Office (LPO) has announced a US$375 million loan to lithium-ion recycling firm Li-Cycle to finance its material recovery facility in Rochester, New York.