Switzerland’s largest energy firm Axpo has entered the battery storage market in Sweden, buying a project from developers RES and SCR set to come online in 2024.

France-based independent power producer (IPP) Qair Energy will deploy 60MWac of solar-plus-storage projects on the island nation of Mauritius after it won a state tender.

Utility Zen Energy has acquired a large-scale 2.5 hour battery storage project from developer and IPP RES in Australia, expected to be online by the end of next year.

Origis Energy has obtained a US$750 million credit facility for its solar and energy storage development project pipeline in the US. 

Construction has started on two battery energy storage system (BESS) projects in Idaho which will be delivered by Powin Energy.

The UK government is looking to bring in policy specifically around long-duration energy storage (LDES) by the end of next year.

Energy Vault has confirmed its increased guidance for 2022, posting US$146 million in revenue of which two-thirds came in Q4.

ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan.

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.