A state-owned solar-plus-storage project being developed in Mexico marks a shift in government thinking on energy storage, a local battery storage firm told Energy-Storage.news.

Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.

The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.

Independent power producer Clearway Energy Group has brought a 36MW solar PV plus 144MWh battery energy storage system project online in O’ahu, Hawaii, delivered by energy technology firm Wärtsilä.

A pair of 20.7MW battery energy storage systems have been added to the electricity grid in Bavaria, Germany, by Austria-based utility Verbund and developers ECO STOR and Kyon Energy.

Construction has started on a solar plus storage project on the island of Anegada in the British Virgin Islands for a November 2023 commissioning date.

A roundup of news from the residential energy storage sector from Australia to California.

UK-headquartered NextEnergy Capital has acquired six standalone battery storage and six solar PV projects in Greece.

US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.

Flow battery firms Stryten Energy and CMBlu Energy have made moves to accelerate the commercialisation of their products in the US this week.